Sabadell's profit falls 29% in the first quarter due to the cost of the early retirement plan

Sabadell’s profit falls 29% in the first quarter due to the cost of the early retirement plan

Extraordinary minors and the drop in interest rates penalized Banc Sabadell in the first quarter of the year, with profits falling by 29.1%, down to 347 million euros. In the results for the January-March period, TSB continued to contribute dividends to the bank, and it will not be until the second quarter that the extraordinary profit (capital gain) of 300 million from the sale of that British subsidiary to Santander will be recorded.

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Spain-France friendship, at risk

Spain-France friendship, at risk

The political and diplomatic friendship between Spain and France could suffer a serious deterioration in the coming weeks. What happens when a country’s Parliament rejects twice the validation of a new friendship treaty with its main neighboring country? That is what could happen in the coming weeks between France and Spain. There is a possibility that the Congress of Deputies will reject for the second time the official ratification of the new treaty of friendship and cooperation with France signed on January 19, 2023, in Montjuïc, under the title Treaty of Barcelona.

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More fight for pétanque

More fight for pétanque

Petanque is a supposedly peaceful game between two or more people who take turns throwing their balls with the aim of getting them closer than their opponents to the jack. It is not a particularly noisy activity, as the clinking of the balls does not cause loud noises, nor does it usually generate big commotions, rivalries aside. A quiet setting that was disrupted this August in Calafell (Baix Penedès), where the public confrontation between some of the residents of the building closest to the municipal petanque courts and the players of the Mas Mel club has intensified.

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Hospitality and nightlife lash out against the smoking ban on terraces

Hospitality and nightlife lash out against the smoking ban on terraces

Yesterday’s approval of the tobacco bill by the Council of Ministers is causing a stir. Especially among the restaurant and nightlife sectors. In this regard, Fecasarm, the Catalan employers’ association for restaurants and nightlife, and Spain Nightlife, the national employers’ association for nightlife, have issued a statement to show their rejection of the bill.

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The Supreme Court before the European justice

The Supreme Court before the European justice

The ruling of the EU Court of Justice on the amnesty for the leaders of the procés is the culmination of the growing confrontation between Pedro Sánchez’s Government and the judiciary. The Executive barely hides it anymore and accuses some judges of acting in a twisted manner, driven by political motives. On the other side, magistrates holding positions in high courts and conservative judges’ associations consider themselves attacked in their independence. They even see themselves as the last defenders of the State against a Government they consider populist and capable of fostering the breakup of the State and the degradation of institutions in order to stay in power.

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