How the Credit Suisse takeover could further restrict lending
Investors who held bonds known as CoCos were wiped out in the sale to UBS, triggering fears that banks will find it harder to borrow and in turn tighten credit
Investors who held bonds known as CoCos were wiped out in the sale to UBS, triggering fears that banks will find it harder to borrow and in turn tighten credit
English clubs spend 18 times more than Spanish ones on transfers thanks to money injected by foreign funds. Strict economic rules have eliminated insolvency problems in Spain, but curtailed clubs’ ability to attract players
The company brought forward the naming of the group founder’s daughter in this key role thanks to its strong position in the wake of the Covid crisis
Hotel occupancy rates, air taxi services and private yacht rentals continue to post excellent figures and industry leaders expect next summer to be even better
The Spanish law aimed at protecting the rights of home workers has turned into a stumbling block, with firms arguing its conditions are too demanding
Thanks to Brexit, UK nationals can claim a VAT refund on purchases made in the EU, a change that the industry hopes to take advantage of
The sector saw a record-high number of domestic travelers in July, but is struggling to lure back international visitors due to the pandemic
There were 5.4 million international visitors between January and June, down 50% from 2020, and the industry fears new travel restrictions that could drive numbers down even further
Tougher conditions for returning British visitors could deliver a huge blow to the summer season at a time when many businesses are struggling to survive after a year and a half of pandemic
The change means that from Monday, residents of England who return home from the popular Spanish tourist destination will have to quarantine unless they have been fully vaccinated against Covid-19
Spread of the delta strain of the coronavirus could lead to renewed restrictions on international mobility just as the industry was hoping to begin its recovery. France has already recommended against travel to Spain
The Caribbean nation, which has vaccinated all hotel workers, is now receiving more bookings than it was before the pandemic in 2019
Here is an overview of the current restrictions on visitors coming from the European Union, the United Kingdom and the rest of the world
The new rules, which will go into effect on Friday, come amid growing concern over the delta variant, and a large coronavirus outbreak linked to student vacations in Mallorca
Ahead of the tourism high season, the Spanish government is seeking to facilitate international mobility. Here are the main conditions you will need to meet before you can cross the border
The full details of the new measures are due to be published this weekend in the Official State Gazette (BOE) and will go into force from Monday
Visitors from both countries are key to the success of Spain’s high season and its economic recovery from the coronavirus crisis
Reyes Maroto told television station La Sexta that citizens will be able to travel normally this summer, at least within the country
The European Union’s ‘Digital Green Certificate’ is due to come into force in June, and will allow for people to arrive in the country ‘in a safer manner,’ according to the Health Ministry
Trips across regional borders remain forbidden in a bid to prevent coronavirus contagions, but it is possible to enter the country by land, sea or air from most other EU member states
Brussels has warned that the risk of coronavirus infections are similar whether journeys are taken inside or outside a country’s borders
While the regions are under a perimetral lockdown in a bid to curve coronavirus contagions, the country remains open to European travelers, many of whom have already booked vacations in the Balearic Islands
While regional borders remain largely sealed, 274,242 foreign travelers arrived in January thanks to different rules adopted by central and regional authorities
As the crisis drags on industries affected by the coronavirus pandemic want help with liquidity, not more financing plans
A report from the Economy Ministry, to which EL PAÍS has had access, also points to the ‘recovery of safe travel corridors’ as being a key factor to restart activity in one of the country’s main economic drivers
The number of tourists from the United Kingdom fell 82% in 2020 due to the coronavirus pandemic, with the Balearic Islands hardest hit by the drop
Fewer than 20 million foreign visitors have come to Spain in 2020 and revenues in the sector have plummeted by more than 75%, figures not seen in 50 years