1. The Treasury figures in 5,000 million euros the impact of tax refunds on mortgages. The Minister of Finance, María Jesús Montero, said Monday that the autonomous communities calculate the potential impact of the return of the tax associated with mortgages in case the Supreme Court decides that the bank must pay it with a retroactivity of four years.
2. More than 400,000 freelancers will be able to continue trading in modules. The statements of the Minister of Finance, María Jesús Montero, in which she announced that the Government will maintain the threshold for the self-employed to benefit from the Simplified taxation or by modules. So it will not change as planned. This has been announced by the Finance Minister during his speech at the Cinco Días Forum.
3. Users will not be able to enter or invoice on the Ryanair website for 12 hours. Ryanair has reported that its website and mobile application will not be available for 12 hours for improvements to its systems, from 6:00 pm on Wednesday, November 7 until 6:00 pm on Thursday, November 8.
4. Siemens Gamesa closes its first fiscal year with a profit of 70 million euros. Siemens Gamesa has closed its fiscal year 2018 (from October 2017 to September 2018) with a profit of 70 million euros, which includes the impact of the costs of restructuring and integration between Gamesa and Siemens wind division, as reported by the company in a statement sent to the National Securities Market Commission (CNMV).
5. Companies in bankruptcy fell by 3.6% in the third quarter to 778. The number of companies that declared bankruptcy – old suspension of payments – in the third quarter of 2018 was 778, 3.6% less than in the same period of the previous year, as published today by the National Institute of Statistics (INE).