The Ministry of Finance justifies the use of “surplus” credits from European funds to finance pensions in 2024 and affirms that it has “clear legal support”, after the doubts raised by the Court of Auditors in the General State Account. The supervisory body detected incidents in the use of 2,389.4 million euros of these resources, …
The price of electricity this Thursday, May 7, rises and there will be no section below 15 euros
The average price of electricity for this Thursday, May 7, 2026 is 86.90 euros per megawatt hour (MWh) in the wholesale market, according to data published by the Iberian Energy Market Operator (OMIE). This is the second consecutive increase of the week, experiencing electricity an increase of 11.38% compared to Wednesdaywhich translates into paying about …
The Supreme Court withdraws the non-contributory pension from a 75-year-old retiree who moved with his sister: he will have to return almost 12,000 euros
The Supreme Court (TS) has endorsed that the autonomous administrations can extinguish ex officio a non-contributory pension pension (PNCJ) of the Social Security system, managed in this case by the Community of Madrid, which has transferred those powers. For more than ten years, the 75-year-old retiree collected a non-contributory pension of 347 euros per month. …
Courts. The Supreme Court confirms that the pension for permanent disability has economic effects from the date on which the ruling accredits the disabling limitations
The Supreme Court (TS) determines that when permanent disability is recognized in a ruling after having been denied by the National Social Security Institute (INSS), the economic effects of the pension begin on the date on which the ruling considers the disabling limitations to be accredited, and not on the …
The EU tightens online commerce rules: starting in June 2026, canceling purchases will be immediate
The European Union has decided to intervene directly in electronic commerce to protect consumers and put an end to what happens whenever we try to buy something online, where canceling a purchase costs more work than making it. One more regulatory change regarding online sales that comes out of the …
The Treasury clarifies that those over 65 years of age will not be able to avoid paying personal income tax if they buy the home where they have been renting for years if they sell it within three years
The General Directorate of Taxes (DGT), an organization dependent on the Ministry of Finance, has clarified that those over 65 years of age will not be able to benefit from the exemption in the Income Tax return for the sale of their habitual residence when they buy the house in …