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226 resultados para 'billion'

NOTICIAS 226 noticias encontradas

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13:02

Local

Coronavirus crisis estimated to have cost the Costa del Sol 10.3 billion euros

Pilar Martínez

The tourism crash crisis caused by the worldwide coronavirus pandemic has led to estimated losses of 10.3 billion euros across the Malaga province, according to a Costa del Sol Tourism report. It is reckoned that the number of tourists lost in ... estimated that 6.016 billion euros have been lost directly by the tourism sector (hotels, bars and restaurants) and 4.335 billion euros, are indirect and inflicted on other business sectors including suppliers and even taxi drivers. The tourism crisis has

18:41

Opinion

Feeding frenzy

Mark Nayler

...of Europe" by 2025. But one wonders whether private sector heavyweights should be receiving any of Brussels' €750-billion fund, which is supposedly for EU countries that have been especially affected by the virus and/or their governments' haphazard ... attempts to contain it. Among the potential beneficiaries of the €72 billion in grants allocated to Spain is Telefónica, the Spanish telecommunications multinational worth $114 billion, and rated by Forbes as the world's 110th largest company. Also in ... line for a serious cash injection is Bilbao-based Iberdrola, the electricity behemoth that posted a profit of $3 billion in 2018. Joining these two on the list of hopeful applicants for EU funds is car manufacturer Seat, wholly owned by $488-billion

18:40

National

Pfizer to temporarily reduce Covid-19 vaccine supplies to Europe

MELCHOR SÁIZ-PARDO

...companies, this delay is due to readjustments to allow laboratories to increase their production capacity. "It is not clear how long exactly it will take for Pfizer to resume its maximum production capacity, which will go from 1,300 to two billion doses,"

19:25

National

Merger talks between BBVA and Banco Sabadell under way

SUR

...would create the second largest group, behind the soon-to-be-merged Caixabank and Bankia, with 600 billion euros in deposits or managed funds in Spain, excluding overseas operations. The conversations between the two banks are likely to take several

17:06

Local

Two Malaga businessmen featured on Forbes’ list of the richest Spaniards

Nuria Triguero

...principal shareholder of General de Galarias Comerciales (GGC), which owns shopping malls including La Cañada in Marbella. Olivo has gone from being 7th on the list to 9th, as his accumulated wealth has been reduced from 2.1 billion euros to 1.7 billion ... people in Spain whose wealth has reduced by 12% in total to 130.5 billion euros according to the list in Forbes magazine. La Cañada boss Tomas Olivo is an entrepreneur from Murcia, although the largest parts of his business are in Madrid and ... Andalucía. Among these businesses is the Marbella shopping centre La Cañada. According to Forbes, he has built up an empire which is listed on the Alternative Spanish Equity Market with a capital of 3.6 billion euros. This great leap in the ranking of the

13:05

Local

Junta de Andalucía publishes its draft budget for 2021

M. D. TORTOSA / M. STUBER

The Junta de Andalucía regional government has announced its draft budget for next year. Total expenditure would be 40.2 billion euros and the plan will now go to regional MPs to debate and approve before coming into effect. The ruling centre-right ... 8.3bn, with an increase in teachers. Dependency care services spending would go up to 1.6 billion euros. Inside the plan is 3.9 billion euros for investment spending, principally focused on combating climate change and improving the digital economy.

19:00

National

Spain will receive the first doses of the Moderna vaccine 'in 7 to 10 days'

MELCHOR SÁIZ-PARDO

Moderna’s CEO Stephane Bancel, the company could produce and deliver up to one billion doses this year and said that the antibodies in their formula could "potentially" last two years. By May or June Spain will have vaccinated between 15 and 20 million and

15:36

National

MPs vote against Madrid spending council savings to help bail out national finances

sur

The government has suffered a defeat after MPs failed to back a scheme to use local council savings to help bail out national finances. Town halls have some 14 billion euros in total in their bank accounts that they aren't allowed to spend ... councils spend five billion euros of these savings, in return for giving it all over to central government first. Only coalition partners, PSOE and Unidas Podemos, backed the plan. Despite agreement to the idea from the local government association

13:21

Local

Politicians see the EU recovery fund as key to getting a railway line as far as Marbella

IGNACIO LILLO

Local politicians have said they see the EU's 140-billion-euro economic support fund for Spain as the perfect way to get the money at last to extend the Costa's rail line beyond Fuengirola towards Marbella and Estepona. The mayor of Malaga and the ... line. The cheapest would run parallel to the AP-7 toll motorway, which a study in 2018 suggested would cost 2.4 billion euros. The more expensive involves more tunnelling and running closer to the coast, costing 3.85 billion euros. Francisco de la

12:14

National

Spain to get 140bn euros of EU funds in historic Covid-19 deal

EDURNE MARTÍNEZ

Spain will be the second biggest beneficiary after Italy. The country will receive a total of 140 billion euros, equivalent to about 11 per cent of its GDP. This will be divided into 72.7 billion of direct grants from 2021-2024 to help the economy

19:29

Local

Owner of Marbella's La Cañada mall is named seventh richest in Spain

SUR

...across the country. Forbes describes Olivo as, "the king of Spanish shopping centres". Olivo, who has also recently increased his stake in Malaga-based Unicaja bank to around 5 per cent, has a personal wealth of 2.1 billion euros according to Forbes. ... million euros to 2.56 billion euros. Olivo, as well as being seventh richest person in Spain, is the wealthiest in Malaga province. The richest person in all Spain is Amancio Ortega, the founder of clothing giant Inditex, which includes Zara. His ... fortune is valued by Forbes at 55 billion euros, making him also the tenth richest person in the world.

13:44

National

Renfe wins six-billion-dollar deal for high-speed rail in Texas

SUR

The Spanish state-owned rail operator, Renfe, has won a contract worth six billion dollars, (5.56 billion euros), to help build and then run one of its AVE high-speed lines from Houston to Dallas in the American state of Texas. The deal was

15:02

Opinion

Terms and conditions

Mark Nayler

...and keep it balanced until at least 2040. No wonder, then, that the Socialist government of Pedro Sánchez has set its sights on as much as €140 billion from the EU, around €74 billion of which could be in the form of grants that don't need to be

22:13

Opinion

Spending spree

Mark Nayler

This week saw some big numbers being thrown around by the Spanish government. Prime minister Pedro Sánchez announced that his leftist coalition plans public investment of €150 billion throughout 2021 and 2022, a level of spending that heavily ... depends on Spain receiving an EU bailout package of €140 billion, €74 billion of which would be in grants, the rest in repayable loans. This hefty injection of funds into the country's post-Covid economy, according to Sánchez's administration, could in ... turn act as a stimulus to private investment worth €500 billion. You wouldn't necessarily guess, staring goggle-eyed at these enormous figures, that Spain is currently weathering a global health crisis with the potential to become, at least in its

17:49

Opinion

A king's ransom

Mark Nayler

...place, with an estimated fortune of $2.3 billion (€1.9 billion) - not peanuts, for sure, but an almost embarrassing amount compared to the $30 billion (€25 billion) amassed by the King of Thailand, the planet's richest monarch. This estimation of his

14:02

National

Court to investigate emeritus king over commissions

Mateo Balín

...trains in Saudi Arabia. Some 80 million euros in commissions has been reported as part of the 6.7 billion deal for the prestigious AVE rail system in 2011. A court report says there could be evidence against the king, who abdicated in 2014 in favour

13:50

Local

Investors from Bahrain plan hotel for seafront site close to Los Monteros

Héctor Barbotta

Almatrook, already has investments believed to be over a billion euros. They are applying to the Junta de Andalucía regional government to have planning development fast-tracked as part of a scheme announced last year to give priority to projects deemed of

14:50

National

Supermarket chain Mercadona announces strong annual results

LUCÍA PALACIOS

Valencia-based chain had an income of 25.5 billion euros, an increase of 5% on 2018. This puts it back as the Spanish company with the highest sales. Annual profits also increased by 5% to 623 million euros, despite an increase in investment costs of 46% to ... 2.2 billion euros, paid for from its own funds. An average shop has 2,200 customers a day, an increase of 80 on 2018. The chain is rolling out new-look stores and in the three years since it started its revamp it has an average of 200 shoppers a day

15:40

National

Government claws back 15 billion in unpaid or fraudulent tax in 2018

EDURNE MARTÍNEZ

The central government's tax collection service, the Agencia Tributaria, has said that it managed to get hold of an extra 15.1 billion euros in 2018 in its efforts to prevent and to counter tax fraud. This is up on 14.8 billion extra collected in ... 2017, but 500 million short of the expected figure. In most years since 2008, the government has fallen short of its target to recover unpaid tax. Since 2004, when current records began, it says it has got back 156.1 billion in unpaid taxes through its

14:54

National

Some 1.6 billion euros of old pesetas still not handed in and time is running out

JOSÉ ANTONIO BRAVO

The Spanish peseta may have been consigned to history in 2002 with the introduction of the euro, but a regular report that monitors the old notes and coins from the Banco de España says that in July people still had 268.5 billion pesetas (1.66 ... billion euros) in kitchen drawers and down the back of sofas, or much of it may have been lost forever. Last year only 10 million euros worth was handed in to the central bank to be swapped into euros, mostly notes, and a tiny amount compared to what is

12:27

National

Spain's excited wait for the famous Gordo lottery prize

SUR in English

...the sharing. There are 2.4 billion euros up for grabs this year, divided into more than 26 million prizes (although the majority of these involve getting your money back). The draw itself goes on all morning. It is normally carried out in a theatre ... parts, ‘décimos’, which are the tickets we find in the lottery offices and carried by street vendors. Each one of these costs 20 euros. In other words, a total of 172 million 20-euro tickets went on sale this year, amounting to 3.44 billion euros. Around

14:24

Local

Owner of La Cañada mall named among Spain's richest but trails Zara's Ortega by far

SUR

...estimated fortune of 2.1 billion euros. However the wealth of Tomás Olivo pales into insignificance when standing alongside the man at the top of the list, Amancio Ortega, founder of the Inditex fashion group, which includes brands such as Zara, Pull and ... Bear and Bershka. His personal wealth is estimated at 63 billion euros. Put another way, this is more than the economies of 120 countries, or enough to give, if he wanted to, every man woman and child in Spain a cheque for 1,340 euros. Behind Ortega ... is his daughter, Sandra, with six billion euros. Also featuring near the top of the list are other well-known Spanish business people. In second place is Rafael del Pino, president of construction and services giant Ferrovial with four billion

14:11

National

Illnesses resulting from traffic pollution cost Spain more than 3.6 billion euros a year

EUROPA PRESS

Spain spends more than 3.6 billion euros a year treating illnesses related to air pollution from traffic. This is the second highest amount in Europe (Germany spends 13.38 billion), according to a report carried out by the European Public Health ... Estonia, Germany, Hungary, Poland, Romania, Slovenia and Spain. In total, atmospheric contamination caused by traffic is resulting in EU countries spending more than 72 billion euros a year in health costs, of which 52.86 billion are subsidised by the ... prohibition of diesel cars on highways and higher taxes on diesel, would save Spain around 2.83 billion euros, reducing its spending to about 770 million euros a year. In the EU as a whole, the saving would be about 58 billion euros a year. "93% of the

11:46

Local

Caution on Costa over troubles at Thomas Cook

PILAR MARTÍNEZ

The hotel sector on the Costa del Sol has reacted this week with measured concern over the financial troubles of leading tour operator Thomas Cook. Thomas Cook saw its six-month losses to March rise to 1.9 billion euros compared to 283 million

17:02

Opinion

All I want for Christmas

Tony Bryant

...gifts, yet today, it has become a multi-billion-euro industry synonymous with commercialism and consumption. The tradition of gift giving was embraced by retailers, for whom the weeks and, eventually, the entire month before Christmas became a very ... industry's sales. Retailers in the UK predict 1.1 billion will be spent on toys this Christmas, while researchers found that it was normal to spend as much as 500 pounds on each child in the UK. Although my own memories of Christmas include many of the

20:12

Local

Cocaine seized in Malaga would have had a street value of more than a billion euros

JUAN CANO / ÁLVARO FRÍAS

The cocaine seized in an industrial estate in Malaga on Tuesday would have had a street value of more than a billion euros, police have confirmed. Sixteen people have been arrested so far and a record amount of drugs seized in the police ... a refrigerated lorry, vans and a Chrysler Voyager people carrier. The cocaine, which would have had a value of more than 360 million euros on the black market (but more than a billion once cut and distributed on the street), is believed to have been

13:40

Opinion

Covid times

ANDREW J. LINN

...sector's prediction that 30% of businesses are already doomed. In Italy things are not much better. On Tuesday an emergency fund of five billion euros was approved but many restaurants and bars are already closed and beyond rescue. Germany has lowered VAT ... from 19 to 7% on meals, and the cost to the government is calculated at 2.7 billion euros. In Sweden landlords who lower rents by 50% to help restaurants can claim back 25% compensation from a special fund. There was overall admiration for Britain's

11:31

Local

Tourism brought in 7 billion to the Costa this summer

P. MARTÍNEZ

The tourist industry contributed 7.12 billion euros to the local economy this summer. President of Turismo Costa del Sol, Elías Bendodo and Luis Callejón Suñé from the Costa del Sol hoteliers association revealed that the Costa del Sol attracted 7

12:57

National

Telefónica announces 3.1 billion euro profit in 2017 at AGM

SUR

Madrid that it had made a 3.13 billion euro profit in 2017. It added that despite the negative impact of exchange rates in some of the markets it operates in and less income from roaming charges now EU rules have changed, it was helped by the sale of ... assets, such as part of Telxius, a telco infrastructure operator, and fewer restructuring expenses during the year. Worldwide sales in 2017 were flat at just over 52,000 billion euros, hindered by the weakness of the British pound, Argentinean peso and

11:43

Local

An avalanche of similar cases could cost the government billions

SUR madrid

...although each one has to be treated on its own merits, if it finds in their favour it could cost the government more than one billion euros in compensation. With so many cases arising in response to its energy reforms, Ciadri is examining more claims