The "rebates" by electoral period reach the Inheritance Tax and other four economic news
MadridUpdated:
1. Four communities lower the Inheritance Tax in the election year. The proximity of the regional elections is felt in taxes, the tool par excellence of economic policy. Specific, on Inheritance Tax, the one that taxes the inheritances and that has submerged in the political arena before the campaign of Citizens, PP and Vox to end it after the social pressure that asks to eliminate the tribute.
2. Montero confirms that he will distribute more resources to the regions before the elections. Treasury will decree expenditure measures but rules out raising taxes by decree before the elections. Minister María Jesús Montero has confirmed that the Government will take a decree law in the coming weeks distribute slightly less than 9,000 million in deliveries to account to the autonomous communities before the elections, as already informed ABC.
3. The Government confirms that it is preparing a public employment offer for 2019. The Minister of Territorial Policy and Public Service, Meritxell Batet, has confirmed that the Government is negotiating with the unions a public offer of employment for 2019, to give "security" to opponents and "guarantee" that public services will continue to function.
4. Abanca takes a step back and will not launch a takeover by Liberbank. The stock exchange supervisor and the lack of support among Liberbank shareholders have disrupted Abanca's plans to launch a public takeover bid (opa) by the Asturian entity. The entity controlled by the Venezuelan Juan Carlos Escotet has resigned to present formally that offer after the National Commission of the Stock Market (CNMV) prevented him to condition it.
5. The monthly expenditure on pensions reaches 9,563.12 million euros and registers a record increase in 10 years. The monthly expenditure on contributory pensions of the Social Security has reached the 9,563.12 million euros in February, which represents an interannual increase of 7.15%, a rise not seen in ten years. According to data published Tuesday by the Ministry of Labor, Migration and Social Security, February was the seventh consecutive month in which the pension payroll has increased more than 4%, after several years with more moderate increases.
