Tag: Cristóbal Montoro

• Wednesday, June 24th 2015 - 07:09 UTC

  Spain to question Gibraltar’s exclusion from EU tax havens blacklist

  

  Spain will call on the European Commission to include Gibraltar on the EU blacklist of tax havens published last week, it emerged over the weekend. The list names the 30 top tax havens as identified by EU countries, but Gibraltar is not on it. Only nine of the EU’s 28 members - among them Spain - view the Rock as a harmful jurisdiction for taxation.

• Wednesday, June 19th 2013 - 23:54 UTC

  Gibraltar invites Spanish treasury inspectors to dispel claims of tax evasion money

  

  Spanish treasury inspectors tasked with “tightening the noose” on Gibraltar have been invited to travel to the British Overseas Territory and talk to officials in a bid to debunk claims that the Rock is harbouring tax dodgers from Spain.

• Tuesday, June 5th 2012 - 23:22 UTC

  G7 members agree to work together to deal with Spain’s financing problems

  

  The Group of Seven finance chiefs agreed in a teleconference call to work together to deal with the problems hitting Spain and Greece, Japanese Finance Minister Jun Azumi said on Tuesday.

• Wednesday, April 4th 2012 - 04:04 UTC

  Spain with no relief: record unemployment and soaring national debt

  

  Spain says its national debt will spiral sharply higher this year as data showed unemployment hit a record high in March, complicating efforts to stabilise the country's strained finances.

• Monday, January 23rd 2012 - 16:32 UTC

  Spain’s central banks says economy forecasted to shrink 1.5% in 2012

  

  Spain’s economy contracted in the fourth quarter and will shrink 1.5% this year, the Bank of Spain estimated, undermining government efforts to cut the budget deficit amid the second recession in two years.

• Monday, January 2nd 2012 - 21:59 UTC

  Spanish government confirms Euro zone fourth largest economy is in recession

  

  Spain’s economy is forecasted to contract in the first quarter of 2012 after shrinking in the previous six months admitted Economy Minister Luis de Guindos confirming analysts’ expectations that the Euro zone fourth largest economy is already in recession.

• Friday, December 30th 2011 - 21:39 UTC

  New Spanish government announces draconian measures to balance the budget

  

  Spain's new government revealed on Friday that the public deficit for 2011 would come in at 8% of GDP, well above a target of 6%, and announced income and property tax hikes and a civil servant wage freeze in response.

• Thursday, December 22nd 2011 - 05:08 UTC

  Orthodox economists will manage the Spanish economy with Rajoy

  

  New Spanish Prime Minister Mariano Rajoy named on Wednesday a cabinet of mostly close advisers charged with reviving the sluggish economy while slashing spending to reassure investors the Euro zone's No. 4 economy can stay solvent.