Business

The ruling impacts millions of workers across all sectors. Photo credit: Shutterstock/ra2 studio Spain is facing new pressures from European authorities on its unfair dismissal rules. The European Committee of Social Rights, CEDS, has called on the Spanish government to introduce a “despido restorativo” system (restorative dismissal), which is designed to compensate dismissed workers for the actual harm that they …

In Spain, the month of November is often a challenging one for job seekers. Winter hiring is yet to start, as seasonal roles are winding down, particularly in tourist hotspots. This year, however, was a break from the usual pattern. Registered unemployment fell by 18,805 people, leaving 2,424,961 jobseekers—Spain’s lowest November level since 2007, when the country was nearing the …

Businesses now have extra time to implement compliance systems. Photo Credit: Wayhome Studiio/Shutterstock Verifactu was created by Agencia Tributaria, Spain’s new electronic billing system. It aims to increase fiscal oversight in order to combat fraud. The system requires that invoices issued by companies, SMEs, and self‑employed professionals using certified invoicing software are fully traceable, immutable, and electronically verifiable. Each invoice …

Opposition MPs called the breach a fundamental failure in Parliament. Photo credit: Samoila Ionut/Shutterstock The Office for Budget Responsibility (OBR), in error, published the November Economic and Fiscal Forecast (EFO) on November 26. The following are some of the most recent and relevant articles. before the official presentation Rachel Reeves, the Chancellor of Canada, presented her budget to Parliament. This unprecedented …

The most beneficial joint account is when the financial relationship is stable and long-lasting. Photo credit: pui_bunny/Shutterstock Joint bank account (in Spanish) “cuenta mancomunada” or “cuenta conjunta”() is a joint account that has two or more named holders, each of whom shares equal control over the money. This is used by couples, families, and business partners who want to have …

Green lending. Credit: Alexa_Space, Shutterstock. According to the European Central Bank, a home or business’s “greenness” can influence how easy and inexpensive it is to get a bank loan. According to the latest ECB blog post (November 10), banks across the euro area are offering better lending terms to eco-friendly firms and energy-efficient homes – and tougher ones to polluting …

Cloud computing technology. Credit: Summit Art Creations, Shutterstock. European cloud communications leader Zadarma Megacall, an Malaga-based VoIP service provider, has been acquired by. Zadarma is making its second acquisition following the purchase of VoIPVoIP by Zadarma in 2024. Zadarma, founded in 2006, operates in Europe, with offices in Bulgaria and the UK. It also has six data centers on three …

The EU has stated that countries outside of full membership often pay contributions in exchange for market access. Photo credit Fred Duval/Shutterstock As part of the “reset of relations” following Brexit, the European Union is considering whether or not the United Kingdom can contribute financially to its budget. The discussions are a follow-up to a May 2025 summit between UK …

Autonomos are a key part of the service sector in the national economy. Photo credit: P.es Alberto Núñez Feijóo, the leader of Spain’s Partido Popular (PP), has pledged to “let the self-employed work”, arguing that autónomos should “not have more fear of the tax authorities than of the corrupt”. These remarks were delivered during a speech focusing on economic confidence …

Ozempic jab by Novo Nordisk. Credit: Tobias Arhelger, Shutterstock. Novo Nordisk’s newly appointed chief executive Mike Doustdar has described the fight for dominance in the global obesity-drug market as “a marathon, not a sprint,” as the maker of Ozempic guided investors to the lower end of its 2025 sales and profit forecasts and highlighted the cost of a major restructuring. …