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News

News

Latest news and updates about living in Spain.

employment

Spanish Postal Service and CCOO Union Sign New Collective Agreement

Significant Changes to Working Hours and Conditions

In a significant development for the workforce of Spain's postal service, Correos, the company has signed a new collective agreement with the Comisiones Obreras (CCOO) union. This agreement, finalized on December 31, 2024, introduces several key changes aimed at improving the working conditions and quality of life for Correos employees.

Reduced Working Hours

One of the most notable aspects of the new agreement is the reduction in the standard working week. Employees will now work a 35-hour week, down from the previous 37.5 hours. This reduction is part of a broader effort to align working hours with European standards and to enhance work-life balance for postal workers.

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economy

Spanish Stock Market Closes 2024 on a High Note Despite Global Uncertainty

As the year 2024 comes to a close, the Spanish stock market, particularly the IBEX 35 index, has achieved a remarkable performance, defying the backdrop of global uncertainties. Here’s a detailed look at the key highlights and performers of the year.

Impressive Growth of the IBEX 35

The IBEX 35, which tracks the 35 largest and most liquid Spanish stocks, has risen by approximately 15.24% over the course of 2024. This growth is a continuation of its strong performance in 2023, when it led the rise of EU stock markets with a 23% increase. The index has now recorded five consecutive semesters of growth since June 2022, marking a total revaluation of 44% and an annual cumulative rate of 17%[1].

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crime-law

Tension in Spanish Neighborhood as Youth Threatens Residents and Guardia Civil

In a disturbing incident that has heightened tensions in a Spanish neighborhood, a young individual has been at the center of a confrontation that involved threats against both local residents and members of the Guardia Civil.

The Incident

On December 31, 2023, in an unspecified region of Spain, a youth was involved in a volatile situation where he allegedly threatened his neighbors. The incident escalated to the point where the Guardia Civil was called to the scene to intervene.

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science

The Phenomenon of Apophenia: How Pattern Seeking Influences Lottery Choices in Spain

As the year draws to a close, many in Spain are eagerly anticipating the drawing of the Grossa de Cap d'Any, a traditional lottery that takes place on December 31st. This annual event, much like other lotteries, often brings to the forefront a fascinating psychological phenomenon known as apophenia.

What is Apophenia?

Apophenia is the tendency to perceive meaningful patterns or connections in random or meaningless data. This phenomenon is particularly evident when people are making decisions under uncertainty, such as choosing lottery numbers. Individuals often seek to impose order on chaos, believing that certain numbers, dates, or sequences hold special significance that can influence the outcome.

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crime-law

Vandalism in Desfiladero de la Hermida: Youngsters Disable Traffic Lights

In a disturbing incident that has raised concerns about public safety and infrastructure, a group of youngsters has been implicated in an act of vandalism in the Desfiladero de la Hermida, a scenic and narrow gorge in the Cantabrian Mountains of northern Spain.

Incident Details

On the night of December 30, 2023, several traffic lights along the CA-184 road, which passes through the Desfiladero de la Hermida, were intentionally disabled. This act of vandalism has left the local authorities and residents alarmed, as the road is a critical route for both local commuters and tourists.

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sport

Williams Racing Announces New Partnership with Santander for 2025 Season

In a significant move that marks a new era for Williams Racing, the British Formula 1 team has announced a multi-year partnership with Spanish banking giant Santander, set to commence in the 2025 season. This strategic alliance comes on the heels of Carlos Sainz Jr.’s departure from Ferrari to join Williams, highlighting the bank’s continued support for the Spanish driver.

Partnership Details

Santander, one of the world’s leading banks with 171 million customers globally, is transitioning its partnership from Ferrari to Williams. This move is part of Santander’s broader strategy to enhance its brand visibility, particularly in key markets such as the United States, where Formula 1 will host three races in the upcoming season. The partnership will feature Santander’s branding, as well as its Openbank brand, on the Williams FW47 car, driver helmets, and team clothing throughout 2025[1][2][3].

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