WAITING FOR THE EPA

Article published by José Alberto León in Diario de Avisos on 07/13/14. The number of affiliates to Social Security (S.S.) in the month of June 2014 in the Canary Islands increased by 1,106 people compared to the previous month, and by 21,925 people if compared to the month of June 2013, reaching […]

EPA HAMMER

Article published by José Alberto León Alonso in Diario de Avisos on 05/04/14. Despite rumors that in the first quarter of 2014, a seasonally negative period for the labor market, positive interannual job creation rates would be seen in Spain for the first time since the beginning of the crisis, the […]

INDEXED FUNDS OR ETFs?

Article published by José Alberto León Alonso in Diario de Avisos on 05/18/14. I have already mentioned on several occasions that, for a small investor, the best way to save is to invest in stocks linked to a stock index (what in the jargon is known as “index funds” or “passively managed”). This method of […]

DEFLATION?

Article published by José Alberto León Alonso in Diario de Avisos on 04/13/2014. Inflation in the euro zone in the month of March has been reduced to 0.5%, while in Spain the leading CPI indicator places its annual variation at –0.2%. These figures have alarmed economic institutions, considering […]

REFORMS: WILL SPAIN BE THE FLORIDA OR THE VENEZUELA OF EUROPE?

Article published by Félix Fdez-Claverie in Diario de Avisos on 04/20/2014. I recently read Luis Garicano's book "The Dilemma of Spain. Being more productive to live better."  Luis Garicano (Valladolid, 1967) is a professor of economics and strategy at the London School of Economics and a doctor in economics from the University of Chicago. Ha […]

RICH AGAIN?

Article published by José Alberto León Alonso in Diario de Avisos on 04/27/2014. The Bank of Spain (BdE) has just published statistics on household financial accounts for 2013, and newspaper headlines have been quick to highlight that “family wealth returns to levels of […]

ARE JOBS RECOVERED OR NOT?

Article published by José Alberto León Alonso in Diario de Avisos on 05/11/14. During the last two weeks, the data corresponding to the first quarter of 2014 from the Active Population Survey (EPA) and the affiliation and registered unemployment data for the month of April 2014 have been published. The published results are apparently contradictory […]

DISAPPOINTING TAX REFORM

Article published by José Alberto León Alonso in Diario de Avisos on 06/29/14. The Government has presented several draft reforms of the personal income tax (IRPF), Companies (IS) and General Tax Law, which together it calls “Tax Reform” and which is now beginning its processing in the Cortes Generales for […]

THE SILENT DISEASE

Article published by Félix Fdez-Claverie in Diario de Avisos on 06/01/14. Last May, we had the opportunity to attend a conference given by Ignacio Eyries, general director of CASER, on the occasion of the inauguration of a new office of the commercial network in Santa Cruz de Tenerife. Eyries, a civil engineer, agreed […]

TANGLED IN THE LIQUIDITY TRAP

Article published by José Alberto León Alonso in Diario de Avisos on 06/15/14. The European Central Bank (ECB) has lowered interest rates to 0.15%, has set a negative rate (-0.1%) on bank deposits and, above all, has announced an open liquidity bar of 400 billion euros to […]