The blog by Sincro: The power of information

12 Dec
GDP third quarter

GDP up by 0.2% and employment up by 0.1% in the euro area ( third quarter 2019)

Seasonally adjusted GDP rose by 0.2% in the euro area (EA19) and by 0.3% in the EU28 during the third quarter of 2019, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the second quarter of 2019, GDP had grown by 0.2% in both […]

06 Nov
Labour statistics ILOSTAT

ILO launches ILOSTAT, new labour statistics portal

The ILO Department of Statistics has launched ILOSTAT, a new statistics’ portal that makes it easy to access data about a wide range of labour-related topics, by country or by subject, in English, French and Spanish. It is a one-stop shop to obtain labour data and learn about labour statistics. ILOSTAT  provides bulk downloads for those who […]

05 Nov
Erasmus European Union mobility

Erasmus+: EU will invest over €3 billion to study or train abroad in 2020

Today, 5 November 2019, the European Commission published its 2020 call for proposals for the Erasmus+ programme. 2020 is the last year of the current European Union programme for mobility and cooperation in education, training, youth and sport. The expected budget of over €3 billion, an increase of 12% compared to 2019, will provide even […]

30 Oct
Brexit January 2020

Brexit: European Council adopts decision to extend until 31 January 2020

The European Council has adopted a decision to extend the period under Article 50.3 (of the Treaty on the European Union), in the context of the UK’s intention to withdraw from the EU. The extension will last until 31 January 2020 to allow more time for the ratification of the withdrawal agreement. The withdrawal can […]

28 Oct

CNMV publishes the reports on Annual Corporate Governance Reports

The Spanish National Securities Market Commission (CNMV) has published the reports on the Annual Corporate Governance Reports (ACGR) of issuing entities and the Annual Reports on the Remuneration of Board Members (IARC) for 2018. Both documents reflect, in aggregate and summarised terms, the main conclusions of the reports on both matters that companies submitted to […]

22 Oct

Report by President Donald Tusk about Brexit

Donald Tusk has just released the last report to the European Parliament on European Council meetings of 17 and 18 October 2019. Brexit When it comes to Brexit, Tusk remarks the following: The European Council endorsed the deal reached by our negotiator and Prime Minister Johnson’s government. As you know, it is based on the […]

04 Oct

Business investment up to 25.7% in the euro area in the second quarter of 2019

In the second quarter of 2019, the business investment rate was 25.7% in the euro area, compared with 23.8% in the previous quarter. The business profit share in the euro area was 39.2% in the second quarter of 2019, compared with 39.6% in the first quarter of 2019. These data come from a first release […]

01 Oct

Spanish Business Turnover Index (BTI): the montly variation stands at -0,2%

The monthly variation of the Spanish Business Turnover Index (BTI) stands at −0.2%, after seasonal and calendar adjustment, according to the last figures released by INE. The annual rate stands at 2.7% in the seasonal and calendar adjusted series and at 4.5% in the original series Monthly trend of Business Turnover The monthly variation of […]

25 Sep
Spanish economy

Banco de España releases the macroeconomic projections for the Spanish economy (2019-2021): GDP growth is revised downwards

Banco de España has just releases the macroeconomic projections for the Spanish economy 2019-2021.  These projections incorporate the changes observed in the technical assumptions, and also the new information that has become available -in particular, the latest annual National Accounts data- since the last projections were published in June. The National Accounts data reflect the […]

19 Sep
Guide incentives

Doing business in Spain: Guide to incentives grants and state aid in Spain (ICEX)

The Directorate for Funding and Investors Relations by  ICEX – Invest in Spain has just published the “Guide to incentives grants and state aid in Spain” (July 2019 Edition). This guide is intended to be a tool to locate the different lines of incentives and funding (the main national and some European) to stimulate investment […]


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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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