The chairman of the Association of Family Enterprises, Andrés Sendagorta, also chairman of the important business group Sener, has stated that Basque family enterprises have been key to economic development for hundreds of years. In its view, the family business has actively contributed to the growth of economic activity and to the recovery of welfare and employment. At the annual assembly of the partnership held at the Iberdrola Tower in Bilbao, Sendagorta Bilbao stressed that private initiative is and will be "key" to laying the foundations for "a solid scenario and a sustainable future". And he has committed himself to the cooperation of the public and private sectors.
It is true that in the Basque Country there has been a great tradition of family businesses. It is true that many of them are going wrong. We must not forget, however, that the economic system in which they grew up was and continues to be capitalist. Thus, many families of Basque businessmen have accumulated great wealth and have always found their place on the boards of the big companies, especially in banks and electricity companies.
At a time when the economic situation has generated a serious crisis, those responsible for these family businesses have also called on public institutions. They are trying to socialise their losses with public money, privatising profits and wealth. Family businesses, yes, but also capitalists.
In recent weeks and months, all kinds of political, economic and business organizations have been constantly raising the sounds of war. But what if the purpose of this buzzing noise was not to allow us to think clearly and the fear was to confuse our analysis? Let’s try to... [+]
Bandera amerikanoz inguratuta, muga-zergen oldarraldi berria iragarri zion munduari Donald Trumpek apirilaren 2an. Geroztik hamaika astindu jasan dituzte burtsek eta nazioarteko merkataritzak. Baina hau ez da zoro baten boxeorako ringa bakarrik: AEBetako politikan hamarkada... [+]
Washington, D.C., June 17, 1930. The U.S. Congress passed the Tariff Act. It is also known as the Smoot-Hawley Act because it was promoted by Senator Reed Smoot and Representative Willis Hawley.
The law raised import tax limits for about 900 products by 40% to 60% in order to... [+]