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The auditor of Dia detected accounting irregularities of more than 95 million in 2017 and 2018

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The auditor of Dia detected accounting irregularities of more than 95 million in 2017 and 2018 They affect outstanding bill payments and discounts applied to suppliers, while the company "will reinforce controls"   The current leaders of Dia intend to look to the future, and even do not rule out a possible last-minute agreement with the first shareholder of the distribution group, the Russian tycoon Mikhail Fridman (29%) - at least to negotiate better financial conditions with the creditor bank , and even get a credit from the company that shares with other Russian investors and controls those titles - but they will not be able to stop attending to the past either. And her decision to complain to the prosecutor 's accounts of 2017 can bring tail.   That announcement was made on Friday, after presenting the worst results in its history with losses of 352.6 million euros last year, and was the result of an investigation ( report 'forensic' ) commissione...

Mercadona and Lidl grow thanks to the decline of Dia engaged in its worst crisis

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Mercadona and Lidl grow thanks to the decline of Dia engaged in its worst crisis The supermarket chain drops by 0.7% in 2018 to 7.5% market share, despite "not yet accounted for the negative effects of layoffs", explains the head of retail sector of Kantar Worldpanel Mercadona and Lidl grow thanks to the decline of Dia in the year of its worst crisis. The supermarket chain drops by 0.7% in 2018 to 7.5% market share, despite "not yet accounted for the negative effects of layoffs", explains the head of retail sector of Kantar Worldpanel . The Valencian chain Mercadona remains one more year the undisputed leader for Spanish consumers with a market share of 25%. This means that 1 of every 4 euros spent on mass consumption goes to the firm of Juan Roig, which has strengthened its position especially in fresh products, which account for half of what we Spaniards spend in the shopping cart, according to the figures of the report 'Balance of the Distribution...

Germany, France and Spain, alone in the defense of qualified majorities for fiscal policy

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Germany, France and Spain, alone in the defense of qualified majorities for fiscal policy The unanimity of the Twenty-eight that is demanded today to validate any decision supposes a "blockade", regrets Moscovici   The Venezuelan crisis has been the last and most obvious example that the vote against a single country (in this case Italy) can break the common position and transfer the image of division and weakness to the rest of the world. The unanimity of the Twenty-eight that is required in foreign policy is also imposed on fiscal and economic matters. And there the clearest effect is the blockade . Europe does not advance when it comes to setting taxes on financial transactions, nor in the VAT reform, there is no cohesion in corporate tax and measures such as the application of the so-called 'Google tax', are arbitrated on a free-choice basis after fail again and again the possibility of activating a common strategy.   That is the reality and the Minis...

The Government will approve the 'sandbox' in the coming weeks

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The Government will approve the 'sandbox' in the coming weeks The regulatory bank of financial innovations has been in public consultation since last year   The Ministry of Economy plans to approve the Council of Ministers "imminently" the bill that creates the regulatory test bank for digital innovations in the financial system, known as 'sandbox'. The director of the Technical Office of the General Secretary of the Treasury and International Financing, Bernardo Hernández San Juan , announced it during the conference organized by the National Commission of Markets and Competition (CNMC) on 'The Fintech phenomenon: opportunities and challenges' .   Hernández pointed out that "in a few weeks, possibly in February," the draft law, which has been in public consultation since last year, will go to the Council of Ministers for approval, which also intends to act on the principle of proportionality - that the requirements that are applie...

The Ibex-35 loses 9,000 despite good news from Washington

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The Ibex-35 loses 9,000 despite good news from Washington The selective Spanish closed the day with a revaluation of 0.52%   Second session of rebound for the Ibex-35, with the rest of Europe accompanying and also Wall Street in positive. The selective Spanish closed the day with a revaluation of 0.52%, insufficient to recover the 9,000 points: it remained at 8,983.1 points. The selective lost 9,000 points in the last minutes of negotiation : during much of the day, from mid-morning to past five in the afternoon, was above that psychological level. Only nine Ibex-35 securities closed the session with losses. IAG was the worst, with a cut of 2.12%. Then Cellnex was placed, which suffered a 1.09% decrease. They also ended with Colonial and Merlin losses , in addition to Ferrovial, Grifols, Acerinox and Red Eléctrica.    Santander was the only one of the large values ​​of the selective that ended in negative: it was left 0.16%. Perhaps it affected the bank that...

First acquittal to a bank dome, that of Caixa Catalunya, for millionaire salaries in the crisis

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First acquittal to a bank dome, that of Caixa Catalunya, for millionaire salaries in the crisis The ex-president of the entity, Narcís Serra, gets rid of the jail sentences that demanded the accusations for granting a high remuneration in full swing of the bank a decade ago   The last managers of Caixa Catalunya, with their former president and ex-socialist Narcís Serra at the head, have been acquitted of the crimes of unfair administration and misappropriation for the compensation they received when the entity was in full decline due to the economic crisis that began a decade ago This has been determined by the Eighth Section of the Audiencia of Barcelona in a ruling in which it frees almost 40 former directors, including its CEO, Adolf Todó.   The ruling supposes the first acquittal that the Justice grants to part of the old domes of the savings banks for the acts related to the recession stage of those businesses, with millionaire salaries in NovacaixaGalicia; t...

Germany will need 260,000 immigrants each year in the next four decades

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Germany will need 260,000 immigrants each year in the next four decades An analysis reveals the urgency of # qualified personnel from abroad to alleviate the demographic crisis suffered by the German country   The German labor market needs, in the medium and long term, over the next 40 years, the reinforcement of no less than 260,000 qualified annual immigrants for the powerful local industry to maintain its current operating levels and the country to maintain its well-being. The demographic crisis due to the aging of the population will inevitably lead to the loss of a workforce of 16 million people, practically one out of every three workers at present, until the year 2060, according to a study published yesterday by the Bertelsmann Foundation.   Those responsible for the analysis emphasize that at the time of carrying it out they have taken into account a slight increase in the birth rate and a prolongation of the real work period of men and women. "Even if men ...