Stock markets worldwide plunged dramatically on Monday, triggering fears reminiscent of past dark August months. The Nikkei in Tokyo suffered the most significant drop since 1987, surpassing even the impact of the Fukushima nuclear accident. Meanwhile, European markets saw more moderate declines, with Wall Street futures also indicating serious losses. In Spain, the Ibex 35 … Read more
Three lucky individuals struck gold in three different locations across Spain during this weekend’s lottery draw. Each winner clinched a substantial prize in the second category, totaling 78,356 euros each. The absence of jackpot winners in the higher prize categories means that the jackpot funds will roll over to the next draw. The upcoming draw … Read more
Crowds gathered eagerly, awaiting the announcement of the main prize in the popular traditional Spanish lottery. The top prize comes with a generous sum of 1.5 million euros for the lucky winner. People from all walks of life come together to participate in the anticipation and excitement of the traditional Spanish lottery draw. The event … Read more
The aviation group, a leading player in the industry, saw a significant surge of over 6% in its stock value, emerging as the top gainer in the Spanish stock market. Amidst the business landscape, the group behind the renowned airline Iberia, IAG, witnessed a remarkable rise in stock prices following the striking announcement to abandon … Read more
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An unprecedented legal battle is unfolding in the hotel industry as major players take a stand against unfair practices. Following a record-breaking fine of €413 million imposed by the National Commission on Markets and Competition (CNMC), a wave of legal action is set to hit the online booking giant at the center of the storm. … Read more
Spain’s economy experienced a growth rate of 2.9% year-on-year in the second quarter of 2023, indicating a positive trend in its economic performance. The increase was driven by a boost in external demand, with exports outpacing imports, showcasing a healthy trade balance. While household consumption and public spending saw slight dips in growth rates, investments … Read more
Electricity Price Variation Throughout the Day Today, households in Spain are experiencing fluctuating electricity prices based on the time of day. The average price for electricity stands at 168.49 euros per megawatt-hour (MWh) according to Red Eléctrica de España. Conversely, at the wholesale market (Pool), the average cost is 108.78 euros per MWh, as reported … Read more
Estonia’s corporate income tax system is renowned for its efficiency and unique approach. Companies in Estonia are not taxed on retained and reinvested profits, but only on profits distributed as dividends, with a flat tax rate of 20%. This system encourages reinvestment and growth, reducing immediate tax burdens. Estonia also offers incentives like a reduced … Read more
One lucky individual in Spain woke up to a life-changing surprise this past weekend as they became the sole winner of the highly anticipated lottery draw. The excitement was palpable as the numbers were announced, culminating in a record-breaking payout for the fortunate ticket holder. The draw, which took place on Saturday, failed to produce … Read more