Tag #Spain

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elmundo.es

🌐 85% Global Worthiness

Dec 20, 04:10

Amazon's €15.75 Billion Aragón Data Center Project

Amazon Web Services will invest €15.75 billion in five new data centers in Aragón, Spain, starting land purchases in late 2025 and aiming for operational status by Q2 2027, with projected completion by 2034.

Amazon's €15.75 Billion Aragón Data Center Project

Amazon Web Services will invest €15.75 billion in five new data centers in Aragón, Spain, starting land purchases in late 2025 and aiming for operational status by Q2 2027, with projected completion by 2034.

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Decent Work and Economic Growth

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What is the immediate economic impact of Amazon's data center project on Aragón?

Amazon Web Services plans a €15.75 billion investment in Aragón, Spain, over the next decade, constructing five new data centers. This will involve purchasing 400 hectares of land and building extensive infrastructure, including fiber optic networks, and water recycling systems. Initial land purchases are slated for the second half of 2025.

cincodias.elpais.com

🌐 85% Global Worthiness

Dec 20, 13:12

Spain to Offer Free Instant Money Transfers Starting January 9th

Starting January 9th, 2024, most Spanish banks will offer free instant money transfers up to €100,000, complying with a new EU directive aiming to boost digital finance and unlock €200 billion daily held in delayed transfers, potentially generating €1.8 billion annually.

Spain to Offer Free Instant Money Transfers Starting January 9th

Starting January 9th, 2024, most Spanish banks will offer free instant money transfers up to €100,000, complying with a new EU directive aiming to boost digital finance and unlock €200 billion daily held in delayed transfers, potentially generating €1.8 billion annually.

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How does the EU directive address the current cost and accessibility disparities of instant money transfers across member states?

The European Union aims to accelerate digital finance and unlock capital by making instant money transfers free for most customers by 2025. This directive addresses the significant cost and accessibility barriers to instant transfers, currently costing up to €12 per transaction in some Spanish banks, compared to free standard transfers. The EU estimates that freeing up the €200 billion daily held in delayed transfers could generate €1.8 billion annually.

elpais.com

🌐 85% Global Worthiness

Dec 20, 16:13

Spanish Ministry Compensates Sexual Assault Victim for Judicial Failures

The Spanish Ministry of Justice awarded €60,000 to a woman who was sexually assaulted by a former university dean after the Constitutional Court deemed a reduced sentence due to reporting delays 'unreasonable', highlighting systemic flaws in handling sexual assault cases and the need for gender-sens...

Spanish Ministry Compensates Sexual Assault Victim for Judicial Failures

The Spanish Ministry of Justice awarded €60,000 to a woman who was sexually assaulted by a former university dean after the Constitutional Court deemed a reduced sentence due to reporting delays 'unreasonable', highlighting systemic flaws in handling sexual assault cases and the need for gender-sens...

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How did the undue delay attenuating circumstance affect the victim and the perpetrator, revealing the systemic issues in handling sexual assault cases?

The Constitutional Court deemed the reduced sentence due to reporting delays 'unreasonable', finding the Sevilla court's calculation of the delay flawed. The Ministry of Justice's compensation explicitly recognizes the 'double and unequal effect' of the undue delay attenuating circumstance, benefitting the perpetrator while further harming the victim. This is unprecedented.", "The Ministry's decision also highlights the lack of gender perspective in the initial proceedings, a critical oversight in sexual assault cases. The victim and her colleagues faced professional and personal hardship as a result of the assault and the subsequent legal process, eventually leaving the University, while the perpetrator continued teaching.", "The case underscores the severe impact of systemic delays in justice and the need for judicial reforms to better protect victims of sexual assault and ensure gender-sensitive investigations and trials.

elpais.com

🌐 85% Global Worthiness

Dec 20, 22:07

Spain Grants Asylum to Venezuelan Opposition Leader

Spain granted political asylum to Venezuelan opposition leader Edmundo González Urrutia on September 8th, ensuring him travel documents and protection from international arrest warrants outside Venezuela, while he plans to return to Venezuela on January 10th for the presidential inauguration.

Spain Grants Asylum to Venezuelan Opposition Leader

Spain granted political asylum to Venezuelan opposition leader Edmundo González Urrutia on September 8th, ensuring him travel documents and protection from international arrest warrants outside Venezuela, while he plans to return to Venezuela on January 10th for the presidential inauguration.

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Peace, Justice, and Strong Institutions

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How does Spain's decision relate to the broader EU policy on the Venezuelan political situation?

This action aligns with the EU's stated commitment to a peaceful and democratic transition in Venezuela, respecting human rights and freeing political prisoners. However, Spain, unlike some other nations, has not yet recognized González as Venezuela's elected president, despite his claim based on opposition election data.

cincodias.elpais.com

🌐 75% Global Worthiness

Dec 20, 13:12

Madrid Nuevo Norte Land Transfer Finalized After 30-Year Delay

After over 30 years of delays, Adif transferred land for the Madrid Nuevo Norte project to Crea MNN (controlled by BBVA, Merlin, and San José) for €1.245 billion, with an initial €210 million payment, concluding a major urban regeneration project in northern Madrid.

Madrid Nuevo Norte Land Transfer Finalized After 30-Year Delay

After over 30 years of delays, Adif transferred land for the Madrid Nuevo Norte project to Crea MNN (controlled by BBVA, Merlin, and San José) for €1.245 billion, with an initial €210 million payment, concluding a major urban regeneration project in northern Madrid.

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Sustainable Cities and Communities

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What is the immediate impact of the land transfer for the Madrid Nuevo Norte project?

After more than 30 years, Adif, the Spanish railway administrator, has transferred land for the Madrid Nuevo Norte project to Crea Madrid Nuevo Norte (Crea MNN) for €1.245 billion payable over 20 years. Crea MNN, a company controlled by BBVA, Merlin, and San José, made an initial payment of €210 million upon signing. This represents approximately 50% of the project's land.

elmundo.es

🌐 75% Global Worthiness

Dec 20, 13:12

Spain's Methylphenidate Shortage to End in Early 2025

The Spanish Agency of Medicines and Medical Products (Aemps) reports that methylphenidate shortages for ADHD treatment, affecting patients since April 2024 due to increased global demand and production issues at Janssen-Cilag, will be resolved by early 2025 thanks to increased production from variou...

Spain's Methylphenidate Shortage to End in Early 2025

The Spanish Agency of Medicines and Medical Products (Aemps) reports that methylphenidate shortages for ADHD treatment, affecting patients since April 2024 due to increased global demand and production issues at Janssen-Cilag, will be resolved by early 2025 thanks to increased production from variou...

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Good Health and Well-being

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What factors contributed to the methylphenidate shortage in Spain, and how did this impact healthcare professionals and patients?

Global demand and production limitations at Janssen-Cilag (80% market share, 12.6% lower sales in 2024) caused widespread methylphenidate shortages in Spain. This impacted other manufacturers, leading to recommendations from Aemps, AEPNyA, AEP, and SEPSM to mitigate patient impact. Liconsa's production increase aims to alleviate the shortage.

elpais.com

🌐 85% Global Worthiness

Dec 20, 13:12

Spain Faces March Deadline for Diesel Tax Hike to Secure €8 Billion in EU Funds

Spain must raise diesel taxes by March to receive €8 billion in EU funds, a condition added to the revised recovery plan. The government's initial attempt to raise diesel taxes failed due to political opposition from Podemos. Failure to pass the tax increase by the deadline could result in withheld ...

Spain Faces March Deadline for Diesel Tax Hike to Secure €8 Billion in EU Funds

Spain must raise diesel taxes by March to receive €8 billion in EU funds, a condition added to the revised recovery plan. The government's initial attempt to raise diesel taxes failed due to political opposition from Podemos. Failure to pass the tax increase by the deadline could result in withheld ...

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Affordable and Clean Energy

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What are the immediate consequences for Spain if the diesel tax increase isn't approved by March?

The Spanish government faces a March deadline to raise diesel taxes to receive €8 billion in EU funds; otherwise, a portion will be withheld. This is part of a revised agreement where some reforms were delayed, and others, already completed, were advanced. The tax increase, initially blocked by Podemos, is estimated to generate €1.5 billion.

elpais.com

🌐 85% Global Worthiness

Dec 20, 16:13

Spanish Judge Orders Investigation into MEP for Illegal Campaign Financing

A Spanish judge is investigating MEP Luis Pérez for allegedly receiving €100,000 in cash from businessman Luis Romillo to fund his European Parliament campaign, a sum not officially declared, potentially violating electoral and campaign finance laws; the case is now with the Supreme Court.

Spanish Judge Orders Investigation into MEP for Illegal Campaign Financing

A Spanish judge is investigating MEP Luis Pérez for allegedly receiving €100,000 in cash from businessman Luis Romillo to fund his European Parliament campaign, a sum not officially declared, potentially violating electoral and campaign finance laws; the case is now with the Supreme Court.

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Peace, Justice, and Strong Institutions

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What are the key charges against MEP Luis Pérez, and what immediate consequences could this investigation have?

A Spanish judge has ordered an investigation into Member of the European Parliament (MEP) Luis Pérez, known as Alvise, for alleged electoral and illegal political party financing. The investigation follows a complaint by businessman Luis Romillo, who claims to have given Alvise €100,000 in cash for his election campaign. This money was allegedly intended to fund Alvise's campaign for the European Parliament elections.

elmundo.es

🌐 85% Global Worthiness

Dec 20, 16:13

Rato Sentenced to 4 Years, 9 Months for Tax Fraud and Corruption

A Madrid court sentenced former Spanish Vice-President and IMF head Rodrigo Rato to 4 years and 9 months in prison for tax fraud, money laundering, and corruption, involving offshore accounts and Bankia contracts, despite a reduced sentence due to lengthy proceedings.

Rato Sentenced to 4 Years, 9 Months for Tax Fraud and Corruption

A Madrid court sentenced former Spanish Vice-President and IMF head Rodrigo Rato to 4 years and 9 months in prison for tax fraud, money laundering, and corruption, involving offshore accounts and Bankia contracts, despite a reduced sentence due to lengthy proceedings.

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How did Rato's use of offshore accounts and tax havens contribute to his conviction?

Rato's crimes involved tax evasion in 2006, 2013, and 2014, despite the 2012 tax amnesty. Money laundering in 2006 and corruption through Bankia contracts were also proven. His complex offshore financial network included entities in Panama, Switzerland, Bahamas, and the UK.

elmundo.es

🌐 75% Global Worthiness

Dec 20, 04:10

Spanish Inflation Fuels Robo-Advisor Boom

Spain's November 2024 inflation of 2.4% drives investment growth, with robo-advisors like InbestMe and Mintos offering high returns (up to 20%) at low costs (0.45-0.70%), diversifying portfolios across global markets and attracting novice investors.

Spanish Inflation Fuels Robo-Advisor Boom

Spain's November 2024 inflation of 2.4% drives investment growth, with robo-advisors like InbestMe and Mintos offering high returns (up to 20%) at low costs (0.45-0.70%), diversifying portfolios across global markets and attracting novice investors.

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What is the impact of Spain's 2.4% inflation in November 2024 on savings and the rise of investment platforms like robo-advisors?

In November 2024, Spain's inflation reached 2.4% year-on-year, eroding savings' purchasing power. Online brokers and robo-advisors are making investing more accessible, offering diversified portfolios of funds and ETFs, though risk remains.

elmundo.es

🌐 75% Global Worthiness

Dec 20, 13:12

Spanish Unions and Government Agree on Reduced Work Hours Despite Business Opposition

Spain's Deputy Prime Minister Yolanda Díaz announced an agreement with unions for reduced work hours, despite opposition from the Ministry of Economy and the CEOE, citing increased productivity as justification and aiming for broader worker inclusion.

Spanish Unions and Government Agree on Reduced Work Hours Despite Business Opposition

Spain's Deputy Prime Minister Yolanda Díaz announced an agreement with unions for reduced work hours, despite opposition from the Ministry of Economy and the CEOE, citing increased productivity as justification and aiming for broader worker inclusion.

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Decent Work and Economic Growth

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What are the immediate consequences of Spain's agreement on reduced work hours, considering the lack of employer support?

Spain's Deputy Prime Minister and Minister of Labor, Yolanda Díaz, announced an agreement with labor unions for reduced work hours, arguing it's not solely an economic measure but a way to share productivity gains exceeding 50% since the 40-hour workweek's adoption 40 years ago. This follows public disagreements with the Ministry of Economy.

elmundo.es

🌐 75% Global Worthiness

Dec 20, 13:12

Spain Replaces CPI with New Index for Rental Contract Updates

Spain's new rental index, effective January 1st, 2024, replaces the CPI for calculating annual rent increases in contracts signed after May 25, 2023, aiming to prevent excessive rent hikes by considering CPI, underlying CPI, and long-term growth expectations.

Spain Replaces CPI with New Index for Rental Contract Updates

Spain's new rental index, effective January 1st, 2024, replaces the CPI for calculating annual rent increases in contracts signed after May 25, 2023, aiming to prevent excessive rent hikes by considering CPI, underlying CPI, and long-term growth expectations.

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How does the new rental index calculation differ from previous methods, particularly concerning inflation and what specific factors does it consider?

This new index aims to mitigate the impact of inflation on rental prices, addressing concerns raised by skyrocketing CPI values in previous years. By incorporating factors beyond the CPI, such as the underlying CPI and long-term growth projections, the index seeks to create a more stable and predictable rental market, balancing the interests of both tenants and landlords.

Showing 1,717 to 1,728 of 2,156 results