Spain leads EU’s SME Initiative for cheaper credit worth €3.2 billion

TweetSpain is the first EU country to sign up to the ‘SME initiative’ offering €3.2 billion worth of cheaper loans to Small and Medium sized Enterprises (SMEs). Companies with less than 250 employees will be able to take advantage of this new loan in the coming few months – likely to be available by Summer […]


Spain passes new law to combat illegal fishing and rings in praise from NGOs

TweetNew Spanish law 33/2014 has marked tougher penalties for Spanish citizens involved in illegal, unreported and unregulated (IUU) fishing anywhere in the world. As Europe’s largest fishing member state (followed by UK, France and Italy) Spain represents 20% of Europe’s fishing capacity and employs the most number of people in the fishing industry. This an important […]

EU rules Spanish Inheritance Tax discriminatory and illegal

TweetThe European Court of Justice (ECJ) has ordered Spain to change the law related to inheritance tax or Impuesto sobre Sucesiones y Donaciones – judged illegal due to discriminatory rates charged to foreigners – and repay approximately €600 million to beneficiaries who have already paid the sometimes astronomical 40% inheritance tax during the past four […]