Former politicians active in the private sector rise sharply in two years

Former politicians active in the private sector rise sharply in two years

Beyond the criminal implications, the investigation into former Prime Minister José Luis Rodríguez Zapatero is raising questions these days among professionals who operate in the busy border between public and private interests. A senior official with political experience was surprised that the appearance of the governor of the Bank of Spain, José Luis Escrivá, is being requested in Congress just because a meeting with Zapatero is mentioned in Judge José Luis Calama’s order, when this type of meeting is common. A former consultant wondered how much a former politician should be paid for a report or advisory work and recalled that at the beginning of the century a former U.S. vice president earned more than $150,000 for speaking for ten minutes at a forum with Spanish businessmen. These are examples that the boundary is blurred. And it tends to widen because the number of former politicians with business activities is increasing.

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Brussels gives the green light to a millionaire blackout prevention mechanism for Spain

Brussels gives the green light to a millionaire blackout prevention mechanism for Spain

The European Commission gave the green light this Friday for Spain to implement a multi-million euro anti-blackout mechanism to strengthen the electricity supply and prevent episodes like the one in April last year, when much of the Iberian Peninsula was left in the dark. The figures are enormous: the system approved under the EU state aid rules will have a cost of 900 million annually, that is, 9 billion for the 10 years it is expected to last.

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Inflation remains at 3.2% in May thanks to the tax cuts adopted due to the war

Inflation remains at 3.2% in May thanks to the tax cuts adopted due to the war

The package of measures adopted to address the Iran war continues to have an effect on containing prices. In the third month of the conflict, in May, inflation remained at the same level as in April, 3.2%, according to the preliminary data provided by the INE this morning. This containment is due to three factors: the aid package approved by the Government, still in effect; the fact that food prices have not risen, having moderated when they increased in May of last year; and the weight of renewables, which has allowed the containment of electricity prices.

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Catalonia extends the age to access the public loan for home purchase to 40 years

Catalonia extends the age to access the public loan for home purchase to 40 years

Catalunya extends the age limit from 35 to 40 years to access the public loan program of up to 50,000 euros to finance the purchase of a home among young people. This was announced by the president of the Generalitat, Salvador Illa, at an event in Barcelona this Friday. The change, effective since June 1, shows the difficulty young people have in accessing the real estate market, which forces them to postpone the purchase of their first home more and more. “We want to reach people who have a life project ahead, who have not had time to generate savings,” Illa stated.

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