Banks fall more than 5% in the stock market after the announcement of the Spanish government’s “exceptional” tax

Date:

Pedro Sánchez has announced an “extraordinary” tax for financial institutions that will be applied for two years and will allow them to collect 1,500 million each financial year.

Euskaraz irakurri: Bankuak % 5 baino gehiago jaitsi dira burtsan, Espainiako Gobernuak “salbuespenezko” zerga iragarri ondoren

The major banks fell between 5 and 7% on the stock market after the announcement by the President of the Spanish government, Pedro Sánchez, of an “extraordinary” tax on financial entities to be applied for two years and which will allow them to collect 1,500 million each exercise.

The banks, just as they have done all day, but with much more momentum since the announcement of Sánchez, lead the fall of the Spanish selectively, leaving Sabadell 7.73%, Caixabank 6.70%, Bankinter 6.67% , Santander 5.63% and BBVA , 5.44%.

During the debate on the State of the Nation, Sánchez pointed out that the tax on financial institutions will be temporary and will apply to large financial institutions that are already “benefiting from interest rate hikes”.

The Ibex 35, which had managed to enter the green numbers, fell 1.51%, 121.50 points, after Sánchez’s announcement, losing 8,000 points to 7,942.90 points.

Likewise, Sánchez has also announced another tax that will tax the extraordinary benefits of energy companies.

(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); js.id = id;
js.src = “//connect.facebook.net/es_ES/sdk.js#xfbml=1&version=v2.8”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));

Source: EITB

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

The “Crown” in Rome – “Human because politics becomes more inhumane”

"John Paul II was the soul, Benedict The Spirit,...

Pope Franciscus’s Wil

The will of Pope Francis, written in June 2022...