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EL PAÍS
EL PAÍS
Ignacio Fariza
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Ignacio Fariza

CORONAVIRUS FALLOUT

OECD warns of no return to pre-crisis economy for Spain before 2023

Ignacio Fariza|Madrid | 01-12-2020 - 16:57 UTC

A new report by the OECD forecasts growth of 5% in 2021 and 4% in 2022, not enough to make up for this year's historic contraction of 11.6%

INTERVIEW | DAVID MALPASS

World Bank chief: ‘This crisis must be seen as an economic depression; the question is how long it will last’

Ignacio Fariza|Madrid | 13-10-2020 - 10:04 UTC

President David Malpass is worried about the effects of the coronavirus pandemic on developing economies, which lack the recovery tools of developed countries

CORONAVIRUS

Bank of Spain eyes tax hikes to offset soaring debt from Covid-19 crisis

Ignacio Fariza/El País/Jesús Sérvulo González|Madrid | 30-06-2020 - 15:26 UTC

Central bank announces its medium-term plan for an economy that contracted 5.2% in the first quarter due to the lockdown

ECONOMY AND BUSINESS

Bank of Spain forecasts fall in GDP of up to 15.1% due to Covid-19 crisis

Ignacio Fariza/El País|Madrid | 08-06-2020 - 15:49 UTC

The central lender has charted several scenarios for recovery and has issued a warning that the Spanish economy will not return to pre-crisis levels until at least 2022

CORONAVIRUS

IMF forecasts 8% economic contraction in Spain due to coronavirus crisis

Ignacio Fariza|Madrid | 14-04-2020 - 16:20 UTC

The unemployment rate could soar to nearly 21%, according to the organization's 'World Economic Outlook' report of April 2020

INTERVIEW

Martin Ravallion: “We have to get rid of the idea that wanting to reduce inequality makes you a communist”

Ignacio Fariza|México | 09-08-2019 - 12:25 UTC

The former World Bank economist talks to EL PAÍS about his mission to fight global poverty, and how to make capitalism fairer for everyone

AMERICAS

US and Canada pressure Mexico to increase minimum wage

Ignacio Fariza|Mexico City | 05-09-2017 - 10:26 UTC

Proponents of salary hikes for the country’s poorest have found unexpected allies in NAFTA partners

AGEING POPULATION

116-year-old Mexican woman deprived of pension for “being too old”

Ignacio Fariza|Mexico | 03-05-2017 - 14:19 UTC

A bank glitch related to María Félix Nava’s advanced age prevented her from getting new account and card

LATIN AMERICA

Is Mexico’s avocado boom sustainable?

Ignacio Fariza|Mexico City | 27-03-2017 - 13:20 UTC

Country is leading global exporter, but the environmental impact is proving increasingly costly

LATIN AMERICA

Growing numbers of Mexicans are rethinking their plans for a US holiday

Ignacio Fariza|Mexico City | 23-03-2017 - 15:40 UTC

Widespread resentment toward Donald Trump and falling peso are the two main factors

Economy and business

Beyond Trump: the hidden threat robots pose to the Mexican economy

Ignacio Fariza|Mexico City | 21-03-2017 - 12:57 UTC

Automation endangers model based on low-wage jobs and export of goods made in duty-free zones

TOURISM

Mexico welcomes record number of foreign visitors in 2016

Ignacio Fariza|Mexico | 06-03-2017 - 13:34 UTC

But instability, a lack of diversification and economic woes pose a risk to future growth

MEXICO

The gap that NAFTA was unable to close

Ignacio Fariza|Mexico City | 17-02-2017 - 10:05 UTC

Despite pledges, there’s been no per capita income convergence between Mexico and its trade partners

GLOBAL ECONOMICS

“Renegotiating NAFTA might not be a terrible thing”: IDB chief economist

Ignacio Fariza|Madrid | 22-11-2016 - 14:25 UTC

Trade deal could do with revision, says José Juan Ruiz of the Inter-American Development Bank

BREXIT

Spain’s leading companies join call for UK to reject Brexit and remain in EU

Ignacio Fariza|Madrid | 02-06-2016 - 09:50 UTC

Letter signed by CEOs of Inditex, Iberdrola and Telefónica highlight importance of a united Europe

CONSUMER ISSUES

Spain on European Union list of worst offenders for counterfeit toys

Enrique Bolland/Ignacio Fariza|Madrid | 16-12-2015 - 09:05 UTC

Brussels calling for awareness campaign to combat multi-million euro problem

UBER IN SPAIN

Uber reaches out to Spanish regulators in a major strategy shift

Ignacio Fariza|Madrid | 16-11-2015 - 14:44 UTC

Car-sharing service willing to provide income information on drivers to local tax authorities

ECONOMY

IMF warns about the weakness of Spain’s corporate sector

Ignacio Fariza|Madrid | 08-07-2015 - 10:18 UTC

Report recommends more deleveraging and finding alternative sources of funding

GREEK CRISIS

Spain moderates its line against Greece after referendum ‘no’ vote

Ignacio Fariza/Agencies|Madrid | 06-07-2015 - 16:19 UTC

Economy chief Luis de Guindos says he wants country to remain part of the euro

Córdoba Airport is example of Spain’s wasteful spending, says EU

Ignacio Fariza|Brussels | 18-12-2014 - 11:58 UTC

Court of Auditors criticizes use of European funds to help expand eight installations

Brussels turns down Spain’s request to clarify rules for alternatives to taxis

Ignacio Fariza/Álvaro Romero|Madrid | 12-06-2014 - 13:25 UTC

Petition comes day after cab strike brought traffic chaos to Madrid and Barcelona

24-hour strike over online car services leaves Madrid without taxis

Ignacio Fariza/Álvaro Romero|Madrid / Brussels | 11-06-2014 - 11:06 UTC

Drivers’ associations claim 100 percent support for stoppage, which is also affecting Barcelona

ONLINE PRIVACY

EU court forces Google to uphold “right to be forgotten” online

Ignacio Fariza/Rosario G. Gómez|Madrid | 13-05-2014 - 10:06 UTC

Legal battle between tech giant and Spanish data protection agency ends in favor of privacy rights Around 200 cases in Spain were awaiting Luxembourg ruling, which applies to all search engines

independence drive

Independent Catalonia would be left out of the EU, Brussels insists

Ignacio Fariza|Madrid | 15-04-2014 - 17:09 UTC

Reminder comes one day after advisory committee said region would likely be allowed to stay

IMMIGRATION

Rajoy gets illegal immigration at top of EU-Africa summit agenda

Miguel González/Ignacio Fariza|Brussels | 03-04-2014 - 10:26 UTC

Over 80 African and European leaders pledge to work together to fight human trafficking Spanish leader misses dinner where he was due to sit with Equatorial Guinea dictator

Royal palace denies intervening on behalf of Equatorial Guinea dictator

Ignacio Fariza/Natalia Junquera|Brussels / Madrid | 01-04-2014 - 16:20 UTC

Obiang had thanked King Juan Carlos for helping him arrange conference talk in Brussels

Panama Canal dispute may delay project by five years

Miguel Jiménez/Ignacio Fariza|Madrid / Brussels | 21-01-2014 - 10:59 UTC

Sacyr-led consortium offers to co-finance cost overruns to finish widening the waterway on time

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