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COVID-19

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19 May
Covid19 ILO

ILO: The Covid-19 crisis has exposed devastating gaps in developing countries

The COVID-19 crisis has exposed devastating gaps in social protection coverage in developing countries. The recovery will only be sustained and future crises prevented if they can transform their ad hoc crisis response measures into comprehensive social protection systems, according to new analysis from the International Labour Organization (ILO). Two briefing papers released by the […]

12 May
Banco de España MREL

The Banco de España will apply flexibility in MREL due to the impact of Covid-19

The Banco de España will apply the flexibility available in the regulations on minimum requirements for own funds and eligible liabilities (MREL), in view of the impact of COVID-19 The Banco de España has undertaken to apply to the institutions under its responsibility the discretion and flexibility afforded by the legal framework for compliance with […]

05 May
Covid19 ILO

World Bank: Most commodity prices to drop in 2020 as coronavirus depresses demand and disrupts supply

World Bank. The global economic shock of the COVID-19 pandemic has driven most commodity prices down and is expected to result in substantially lower prices over 2020, the World Bank said in its April Commodity Markets Outlook. Energy and metals commodities are the most affected by the sudden stop to economic activity and the serious […]

02 Mar
coronavirus

OECD Economic Outlook, Interim Report March 2020: Coronavirus: the world economy at risk

OECD Economic Outlook, Interim Report March 2020 Coronavirus: the world economy at risk and governments cannot afford to wait. OCED has just presented this morning (2 March) the last Interim Report: the impact of the Covid-19 outbreak on economic prospects is severe. Growth was weak but stabilising until the coronavirus Covid-19 hit. Restrictions on movement […]

02 Mar
coronavirus

OECD: Global economy faces gravest threat since the crisis as coronavirus spreads

The coronavirus Covid-19 presents the global economy with its greatest danger since the financial crisis, according to the OECD’s latest Interim Economic Outlook. The impacts of the coronavirus on people’s health and daily life, stock markets, and businesses illustrate the increasingly interconnected nature of the challenges facing governments around the world. Putting systemic thinking at […]

11 Feb
invest in spain 2020

ICEX releases “Investment trends and records in Spain” Report (February 2020 Edition)

ICEX – Invest in Spain has just released the last edition of Report “Investment trends and récords in Spain”  (February 2020 Edition) The report includes information about the Spanish economy and conditions for investment in Spain. I also includes data on foreign investment in Spain from sources such as investments registration, FDI Markets and UNCTAD. […]

22 Jan
imf Economy 2020 2021

IMF projects global growth to increase modestly from 2.9% in 2019 to 3.3% in 2020 and 3.4% in 2021

IMF (International Monetary Fund) projects global growth to increase modestly from 2.9 percent in 2019 to 3.3 percent in 2020 and 3.4 percent in 2021. The slight downward revision of 0.1 percent for 2019 and 2020, and 0.2 percent for 2021, is owed largely to downward revisions for India. The projected recovery for global growth […]

13 Jan
economy 2020

Global economic growth is forecast to edge up to 2.5% in 2020 (World Bank)

Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist, the World Bank says in its January 2020 Global Economic Prospects. Growth among advanced economies as a group is anticipated to slip to 1.4% in 2020 in part […]

13 Dec
invest in Spain

Over 90% of foreign companies in Spain expect to increase or maintain their investment in 2020 (ICEX)

Foreign companies’ assessment of the business climate in Spain has remained unchanged since last year. Specifically, the business climate in Spain scored an average of three out of five. Foreign investors’ forecasts are positive for the close of this year and the coming year. Foreign investment companies confirm their good performance in 2018 and continue […]

15 Nov
Brexit Spain United Kingdom

Brexit is having no effect on British investment in Spain

The uncertainty generated by Brexit has not affected British investments in Spain. Since British citizens voted to break their links with the European Union in June 2016, investments from Britain have continued to grow. In fact, the United Kingdom has gone from being the sixth foreign investor in Spain to top of the ranking in […]

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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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