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Employer cuts wages without no...

Employer cuts wages without notification
Posted by EWN Business on May 18, 2012
Q. I have looked in the latest edition of You & the Law in Spain but I was unable to find the answer to some queries. My employers are cutting our salaries without even letting us know the percentage in advance. They simply remove 10 or 20 per cent, apparently...

Spain’s measures to build cred...

Posted by EWN Business on May 18, 2012
SPAIN’S Council of Ministers has adopted two measures to “improve credibility and build confidence in the Spanish financial system, promote recovery of credit and drive the sale of property at reasonable prices”, according to the government. Two independent...

Here is an idea!

Here is an idea!
Posted by EWN Business on May 18, 2012
I HAVE long held the view that quitting the Euro and reverting to a free-floating peseta would restore the fiscal flexibility so desperately needed to help balance budgets and bring unemployment under control. Unfortunately, those in charge of the economy appear too...

Stop the whinging and get on w...

Stop the whinging and get on with it
Posted by EWN Business on May 18, 2012
SOMETIMES work-life can take its toll. Jobs can be stressful, boring or monotonous and it’s easy to start complaining and grump and groan our way around the office. But a recent newspaper article made me think that with Spain in such a deep crisis, maybe some...

No more Spanish hams to Argent...

No more Spanish hams to Argentina
Posted by EWN Business on May 18, 2012
ARGENTINA will stop importing cured ham from Spain in order to boost home produce. The Interior Business Secretary, Guillermo Moreno, said ham from Italy and Brazil would no longer be imported either. Last year, Argentina bought 274 tonnes of ham worth €1.7 million...

Plan ahead and leave a good ta...

Plan ahead and leave a good taste in your mouth
Posted by EWN Business on May 14, 2012
If you plan to save a part of your salary each month, the chances are higher that you’ll actually tuck something away in a savings account. If you plan to set aside €50 a month towards a summer holiday, then you will more than likely find yourself soaking up some...
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Columnists Here is an idea!
Here is an idea! I HAVE long held the view that quitting the Euro and reverting to a free-floating peseta would restore the fiscal flexibility so desperately needed to help balance budgets and bring unemployment under control. Unfortunately, those in charge of the economy appear too timid to consider such a step, but...
Business News Poor show from Standard & Poor’s
Poor show from Standard & Poor’s TWO days after Standard & Poor’s reduced Spain’s rating to BBB+ nine autonomous communities were similarly demoted. Madrid, Galicia and the Canary Islands – now BBB+ -  dropped two notches, as did the Basque Region and Navarra, now both A. Andalucia, Aragon and Baleares lost three notches to...
Finance Spain’s measures to build credibility
SPAIN’S Council of Ministers has adopted two measures to “improve credibility and build confidence in the Spanish financial system, promote recovery of credit and drive the sale of property at reasonable prices”, according to the government. Two independent assessor entities will be appointed to carry...
Legal Q&A Employer cuts wages without notification
Employer cuts wages without notification Q. I have looked in the latest edition of You & the Law in Spain but I was unable to find the answer to some queries. My employers are cutting our salaries without even letting us know the percentage in advance. They simply remove 10 or 20 per cent, apparently as they see fit. Can they do this or is...