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136 resultados para 'debt'

NOTICIAS 136 noticias encontradas

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14:56

Sport

The Al-Thani family's debt to Malaga CF totals five million euros

Antonio GÓNGORA

...management of the club, but also the club's immediate future. The judge in charge of the case, María de los Ángeles Ruiz, has already asked the sheikh and his children to produce a repayment schedule for this significant debt. José María Muñoz, the ... disappeared and repayments on their debts ceased, leaving a significant sum unpaid. According to the report published by Muñoz, up until June last year, the debt accumulated by the family totalled more than five million euros. The majority of that is owed by

17:16

Opinion

It's all relative

Mark Nayler

...really the only way to proceed given a backdrop of such profound uncertainty. Yet despite the frequency with which they're altered, such projections highlight the importance of perspective when evaluating things like public debt, GDP growth and the ... unemployment rate. In its worst case scenario, the Bank of Spain envisages public debt rising to 119% of GDP this year, possibly reducing (in its most optimistic projection) to 112% next year. The Bank's gloomiest forecast for unemployment sees it hitting a ... two other key economic indicators were already in the red: public debt hovered at just under 100% of GDP and at 14%, unemployment remained the second highest in the EU after Greece. These two statistics were cause for concern long before C19 came

16:07

Opinion

In all but name

Mark Nayler

...fiscal plan to save jobs and businesses, and to deal with a debt level that will be the "highest in many decades". This was interpreted as follows by the Spanish daily El País: "Despite the cautious tones, the message remains clear: there will be no ... the unpopular measures enacted by Rajoy a decade ago. The Bank predicts that "deep budgetary reforms" will be required to control Spain's already-swollen public debt and to "prevent enormous social and economic costs". It has stated before that tax ... tourist in a month that usually marks the start of the summer season. And to top it all off, the country's public debt is expected to rise to around 120% of GDP this year, up from an already-dangerous level of just under 100%. Sánchez and the fiscal

15:38

Opinion

What's the plan?

Mark Nayler

...flexible predictions, public debt could rise from its current level of just under 100% of GDP to around 124% in 2021. Next year could also see the budgetary deficit, which Spain's current government finally brought beneath the EU-imposed ceiling of 3% in ... 2019, rise to around 11%. The only way to avoid hitting these dangerous levels of debt, said Hernández de Cos, was to "eliminate superfluous spending" and "amend the tax system". In other words, the governor recommends a reduction in public expenditure ... claimed that the only way Spain could avoid a public debt crisis was by formulating a fiscal programme covering "several terms" (and therefore, potentially, several changes of government) and securing cross-party support for it as soon as possible. But

13:42

Local

Malaga bullfighting museum collection embargoed over unpaid debt

ANTONIO M. ROMERO

Exhibits from the Malaga bullfighting museum (Centro de Arte de la Tauromaquia) were removed on Tuesday after a court in the city ordered that assets belonging to businessman Juan Barco be embargoed. The action was taken in response to the debt ... racked up by the businessman from Extremadura with construction company Arjona that carried out the refurbishment of the publicly owned building. The court states that the initial debt was 395,000 euros, but that has now risen to 455,000 euros with

15:02

Opinion

Terms and conditions

Mark Nayler

...as it is, without further debt being stacked onto a pile that's already in danger of toppling over. The head of Spain's independent fiscal watchdog, AIReF, recently outlined to congress just how tough the debt-maintenance challenge will be over the ... coming decade. In her address last week, Cristina Herrero forecast that for Spain to return its public debt to last year's level of just under 100% of GDP, it will have to balance its budget, which is currently running a deficit of just under 3%, by 2030

13:47

Local

Pensioner sentenced to 21 years for killing flatmate with a hammer

EFE

...home in Torremolinos, where he had been residing until the beginning of that month, to claim a debt of around 1,000 euros. Once there, an argument broke out and the accused "with the purpose of ending his life", according to the sentence, took a

13:40

National

Madrid orders Junta to cut back 2020 budgets due to overspend by previous administration

SUR

...in Andalucía that caused the overspend. Under a budgeting law for Spain's public authorities, Andalucía had not been allowed to run up debt of more than 0.4 per cent of the regional gross domestic product (GDP) in 2018. However, in the last quarter ... of that year, an extra 831 million of unforeseen expenditure was made, pushing the debt up to 0.51 per cent of GDP, meaning the region broke Madrid's spending rules. Even more ironic for the regional president, the PP's Juanma Moreno, only in power ... Madrid says that the national government has to approve regional spending plans and the Junta de Andalucía cannot raise debt on the markets in 2020. The acting national government's letter said that Andalucía could resort to a centralised support fund for

12:56

Opinion

Tune out the noise and stay the course

jeremy blatch | jb@ehh.gi

...strategy will help you to stay the course. If your strategy employs stock selection, you may wish to analyse balance sheets of companies with a large exposure of debt relative to equity, which will make them increasingly vulnerable, the longer the economic

17:41

Local

Judge embargoes land where Julen died to pay rescue costs and fines

EFE

...for which the judge has asked for a three-year prison sentence. Last week Serrano entered into an arrangement with creditors. His lawyer said: "Not now, nor in the future will he be able to pay off the debt, which could reach 1.5 million euros."

14:38

Local

Belgian investors eyeing up Malaga's old post office

JESÚS HINOJOSA

...to the regional government by Madrid in 2010 as a way of cancelling out a historic debt of 30 million euros between the two public bodies. The situation was further complicated by an embargo placed on its sale by the Diputación provincial authority ... over a debt the Junta has outstanding with them. Sources say that only around 1.5 million euros is still outstanding, meaning the embargo could be lifted soon. However the final hurdle has still to be jumped as the Junta still needs to get the city

10:58

Local

Andalucía government sells debt to raise funds for first time since the financial crisis

M. DOLORES TORTOSA

The Junta de Andalucía has successfully sold 600 million euros of debt on the financial markets. It is the first time that the regional government has sold bonds to raise funds since the financial crisis a decade ago after receiving the go-head ... from the national government. The offer was over-subscribed and private companies from 11 nationalities bid for the investment. Those banks chosen to handle the sale of the debt were: BBVA, Santander, HSBC, Barclays and Credit Agricole. Over 40% of

13:54

Local

Councils with no debt ask for permission to spend more

Ivan Gelibter

Although the Ministry of Finance does plan to ease restrictions further on municipalities which have a surplus, some town halls which are in this situation but also have no debt and money in the bank are asking for more concessions now. These range ... most money in its accounts, but its situation is not the most striking in the province. Mijas, which has nearly 90,000 inhabitants and is Malaga province's third municipality, also has no debt and has just under 70 million euros in its bank accounts. As

13:36

Local

Marbella council's debt with the authorities falls by 100 million euros in a decade

Héctor Barbotta

Over the past ten years, Marbella council has succeeded in paying off almost 100 million euros of the debt with national and regional government it inherited after 15 years of rule by the administrations of Jesús Gil and his allies. In April 2006, ... and surplus cash. Originally it was planned to repay it all by 2053 after the current mayor negotiated a deal in 2012. Now the debt is expected to be paid back by 2047.

12:38

Local

Fuengirola reduces debt by 75% in 3 years

I. G.

The council in Fuengirola has said that it owes 75 per cent less money than it did three years ago. Mayor Ana Mula explained that town hall debt has gone down from 42.6m at the end of 2014 to 10.1m at the end of last month. At the same press