Economy Alliances

Posts Tagged ‘development’

The move to this new facility is due to high growth and development of our company in the Spanish market.” “For that reason,” added Jon Anderson have chosen the San Fernando Business Park as the new location of the offices of sales and marketing department of Continental Tires for Spain in Madrid. In these new facilities will continue to develop and enhance our business by providing our employees, partners and customers in a modern working environment, adapted to the latest and most modern technologies, transparent, flexible and with more and better services. “

The Goodman Group has also developed for Continental Tires, logistics distribution center in Korbach (Germany). It also deals with the management of this and another facility that the company owns in the city Germanic, which runs through the Goodman European Logistics Fund (Golf).

For his part, William Ravel, country manager of Goodman in Spain indicates that “this agreement with Continental Tires Spain shows the importance they give our customers the excellent location of our parks, and our integrated customer service. The trust has Continental Tires Goodman deposited in a long term contract confirms our business model is highly valued by our customers and reaffirms our efforts to improve”

The Minister of Labor and Immigration, Valerian Gomez, said today that the pension reform agreed between Government and social partners will help reduce the shadow economy, and could bring out between 100,000 and 150,000 irregular jobs. In a radio interview, the minister has quantified the overall Spanish economy at around 20% of Gross Domestic Product (GDP), according to various studies.

Gomez explained that the diversity of the measures included in the reform of public pension system, as the possibility of smaller contributions, could entail some form of illegal employment is a result of the costs. In this regard, said illegal jobs tend to increase during periods of crisis and that the pension reform can make them emerge more quickly.

The minister also stressed that this reform will help create jobs, because in the tripartite agreement also provides for an “emergency plan” to stimulate hiring by employers, with reductions of contributions. Has also ensured that tomorrow the Executive and the social partners will finalize the details of this plan is “to give employers the best conditions of employment so they can reduce their costs.”

The plan is part of the reform of the active policies that seek to improve the capacity of training and retraining of public employment services of the autonomous communities, and where stands the new financial aid of about 400 euros for the unemployed without income want to do job placement programs.

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Both in 2011 and in 2012 the growth of emerging and developing economies remain strong and will reach 6.5%, i.e. a small slowdown compared to growth of 7% recorded last year, “the agency said.

In its latest update of the World Economic Outlook, released today, the IMF also expects “capital inflows in emerging markets remained strong, and financial terms, its solidity.”

The report also noted, “Commodity prices will remain high and inflation is rising in some emerging economies.”

It is projected that “consumer prices in these economies will increase 6% this year, i.e., an upward revision of three quarters of a percentage point from the October 2010 edition of World Economic Outlook,” according .

In this context, “in emerging economies, the most important risks are linked to warming, a rapid escalation of inflationary pressures and the possibility of a hard landing,” so “should establish or maintain a restrictive monetary policy if they are starting overheating pressures emerge. “

For its part, the advanced economies are expected to advance 2.5 percent in the period from 2011 to 1912, up a quarter of a percentage point from the perspective of the October 2010 edition.

“In advanced economies, it urges that more is to relieve the financial strain of the euro area and advancing the consolidation and reforms of the financial system and the medium-term fiscal consolidation,” the IMF said.

However, “are expected to remain intense financial strain in the periphery of the euro area, where still of concern to market participants sovereign risk and banking, the political viability of the current austerity measures, as provided, and the absence of a comprehensive solution. “

There, “comprehensive measures are needed, quick and decisive action to deal with downside risks” and “in many countries remains critical to further strengthen national policy measures to further strengthen fiscal sustainability and revive growth.