Parking spots in Mallorca going for €185,000, shorter work week to be accredited by Spain’s Cupboard right this moment, court docket drops tax lawsuit in opposition to ex-king Juan Carlos and extra information from Spain on Tuesday Could sixth.
Parking spots in Mallorca going for €185,000
As proof of simply how far Spain’s housing disaster is worsening in locations such because the Balearics, native every day El Diario de Mallorca has revealed an article highlighting how parking spots within the centre of Palma at the moment are being bought for €185,000.
The common worth for a parking spot in a constructing in Spain in 2024 was nonetheless significantly decrease – €13,770 – however the Mediterranean islands are one of many locations in Spain the place actual property costs are going via the roof. The worth per sq. metre in December 2024 was €4,931 per sqm.
Commercial
Shorter work week to be accredited by Spain’s Cupboard right this moment
The discount of the working week from 40 to 37.5 hours and not using a pay minimize will return to the Spanish Council of Ministers this Tuesday.
The measure lacks the assist of employers, who’ve already withdrawn from the negotiating desk, and it does not at present have the assist of the bulk in Congress, the place will probably be submitted this time as a invoice for ultimate approval.
Nonetheless, the regulation was agreed upon in December between the Ministry of Labour and Spanish commerce unions CC.OO. and UGT, after a yr of negotiations.
It was really scheduled to be accredited final Tuesday, however the nationwide blackout pressured the federal government to postpone the choice.
READ ALSO: Spain’s shorter work week could mean 12 extra holiday days for some workers
High Spanish court docket drops tax grievance in opposition to ex-king Juan Carlos
Spain’s Supreme Courtroom mentioned on Monday it had shelved a grievance lodged by a gaggle of retired judges and different main figures in opposition to disgraced former king Juan Carlos for alleged tax offences.
Spanish prosecutors in March 2022 closed three probes into his funds as a consequence of inadequate proof and the statute of limitations, however mentioned a number of irregularities had been discovered.
Amongst them had been profitable items from Gulf Arab monarchies and personal journeys funded by a basis primarily based within the tiny European state of Liechtenstein.
However the Supreme Courtroom dismissed the lawsuit, arguing it “doesn’t present any new info, proof or paperwork that will justify reopening the investigation” into the previous head of state’s funds.
Juan Carlos, 87, made two funds value greater than €5 million to the Spanish tax authorities to settle cash owed on previous undeclared revenue, a transfer extensively seen as a bid to keep away from fees.
Revelations concerning the murky origins of his fortune since his abdication in 2014 have executed irreparable injury to his fame and harmed the Spanish monarchy.
Commercial
Fb content material moderator cuts over 2,000 jobs in Spain
Canadian tech agency Telus Worldwide, tasked by Meta to average content material on its social media networks Fb and Instagram, will slash over 2,000 jobs in Barcelona, a Spanish union mentioned Monday.
The transfer comes as Mark Zuckerberg’s firm has minimize its third-party fact-checking in the USA and overhauled its content material moderation insurance policies.
Telus, which operates regionally as Barcelona Digital Companies, mentioned throughout a Monday morning assembly that it had terminated the contracts “of all staff who had been performing content material moderation duties” for Meta, affecting 2,059 folks, union CCOO mentioned in a press release.
The redundancy plan was determined after Meta cancelled its contract with Telus, in accordance with the union, which added it had signed a preliminary settlement that may grant “the very best doable authorized compensation” for the employees affected.
Contacted by AFP, a Telus spokesman refused to reveal what number of jobs can be misplaced, saying “the precedence stays to assist the group members affected” by providing them “full help, together with relocation alternatives for as many individuals as doable”.
