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25 May
coronavirus WorldBank

World Bank Group: 100 Countries get support in response to COVID-19

The World Bank Group has just announced its emergency operations to fight COVID-19 (coronavirus) have reached 100 developing countries – home to 70% of the world’s population. Since March, the Bank Group has rapidly delivered record levels of support in order to help countries protect the poor and vulnerable, reinforce health systems, maintain the private […]

16 Apr
sustainable finanze

Sustainable finance: European Council adopts a unified EU classification system

The EU is putting in place a common classification system to encourage private investment in sustainable growth and contribute to a climate neutral economy. The Council yesterday (15 April) adopted a regulation setting out an EU-wide classification system, or “taxonomy”, which will provide businesses and investors with a common language to identify those economic activities […]

03 Apr
CORONAVIRUS ILO

ILO: Five ways to protect health workers during the COVID-19 crisis

In many cities affected by the COVID-19 outbreak a nightly ritual has been taking place whereby people applaud and bang pots and pans from their windows and their balconies to show gratitude to the many health workers braving the battle against COVID-19. Health workers around the world are at the frontline of the daily battle […]

26 Feb
BREXIT DEAL 2020

EU-UK relations: European Council gives go-ahead for talks to start and adopts negotiating directives

The Council yesterday (25 February) adopted a decision authorising the opening of negotiations for a new partnership with the UK, and formally nominating the Commission as EU negotiator. The Council also adopted negotiating directives which constitute a mandate to the Commission for the negotiations. The EU wishes to establish an ambitious, wide-ranging and balanced economic […]

24 Feb
eurostat economy

Annual inflation up to 1.4% in the euro area (Eurostat)

The euro area annual inflation rate was 1.4% in January 2020, up from 1.3% in December. A year earlier, the rate was 1.4%. European Union annual inflation was 1.7% in January 2020, up from 1.6% in December. A year earlier, the rate was 1.5%. These figures are published by Eurostat, the statistical office of the […]

18 Feb

White Paper on Artificial Intelligence will be presented tomorrow

Artificial intelligence and digital initiatives to be scrutinised by MEPs tomorrow (19 February). Commissioner Breton will present to and debate with MEPs the initiatives that the Commission will put forward on 19 February: A Strategy for Europe Fit for the Digital Age White Paper on Artificial Intelligence European Data Strategy Strategy for Europe – Fit […]

17 Feb
spanish bankrupt

Spain: The number of bankrupt debtors increases its annual rate by 14.6% in the fourth quarter of 2019

Spain. During the fourth quarter of 2019, the number of bankrupt debtors reached 1,979 representing a 14.6% increase, as compared with the same period of the previous year (figures released by Spanish Statistical Office, INE). By type of bankruptcy, 1,855 were voluntary (14.0% more than in the fourth quarter of 2018) and 124 were necessary […]

14 Feb
spain labour market

IMF: Spain’s Labour Market reforms, implemented around 2012, have arguably contributed to a faster and stronger economic recovery

IMF has just published “Distributional Implications of Labor Market Reforms: Learning from Spain’s Experience”. According to this study, Spain’s structural reforms, implemented around 2012, have arguably contributed to a faster and stronger economic recovery. In particular, there is strong evidence that the 2012 labor market reforms increased wage flexibility, which helped the Spanish economy to […]

09 Jan
employment european union

Euro area unemployment at 7.5% (last figures by Eurostat)

The euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in November 2019, stable compared with October 2019 and down from 7.9% in November 2018. This remains the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in November 2019, stable compared with October 2019 and down from 6.6% […]

01 Jan
permiso paternidad 12 semanas 2020

Spain: extension of longer paternity leave to 12 weeks enters into force today

Since today, parents different from the biological mother whose children are born from today, 1 January 2020, will enjoy the extension of the so-called paternity leave to 12 weeks. Although it is still called colloquially as “paternity leave”, the current denomination is birth permission for the parent different from the biological mother (Royal Decree-Law 6/2019, […]

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Sincro’s blog is designed to provide daily information on labour, fiscal and economic news. We do not provide free advice nor do we answer personalized queries that come to us through the blog. If you need advice, do not hesitate to contact our Team of Experts to request a quote.

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