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In 2024, the number of bankruptcy cases involving individuals and independent contractors rose by 120%

Bankruptcy

The Registry of Forensic Economists (Refor) of the General Council of Economists showed that bankruptcy proceedings for people and self-employed workers increased by 120% to 35,510 in 2024, while those for businesses increased by 23% to 5,589 in the same year.

The Economists point out in a note that of the 41,099 bankruptcies that occurred in 2024, 86% of them were of individuals or self-employed people, significantly more than those of businesses, which accounted for 14%.

According to the College of Economists’ analysis of last year’s data, 84% of bankruptcy proceedings involve no assets, indicating that the excessive debt is already unsustainable because there are no assets to face the bankruptcy and liquidation is required. This suggests that bankruptcy proceedings are being used when it is already too late.

Despite a 7% increase in procedures implementing restructuring plans in January of this year, this mechanism “has not yet taken off in our country” because, in 2024, there will be 334 restructuring plans, which is 2% fewer than the 341 in 2023.

When comparing Spain’s figures to those of other nations in our region, we find that bankruptcies have increased in nearly every instance: in Germany, France, Italy, Spain, Portugal, and France, they have increased by 23.7%, 17.5%, 13.3%, and 7.29%, respectively, while in the UK, they have reduced by 5%.

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Competitions’ development since before the epidemic


According to economists who have examined data on bankruptcies since 2019, prior to the coronavirus epidemic, company bankruptcies have increased by 38% and individual and self-employed worker bankruptcies by 1,300%, meaning that they have essentially multiplied by 14.

Refor suggests that the use of second chance procedures may be the cause of the little increase in bankruptcies.

Between 2023 and 2024, the number of micro-enterprise electronic processes tripled, from 463 to 1,380.


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Costa Blanca

Cleaning staff will go on indefinite strike at Madrid airport

Madrid Airport

The AENA-run cleaning service at Adolfo Suárez Madrid-Barajas Airport has announced an indefinite strike that will start for night shift employees on April 8th at 11:00 p.m. The state Federation of Services, Mobility, and Consumer Affairs, the UGT, released a statement stating that the step was necessary because of “the need to address the unification of agreements, the repeated breaches of these agreements, and the existing shortage of staff.” They also bemoan “the new cleaning requirements and methods imposed by AENA,” which they say “has generated a situation of constant stress and pressure” for the sanitation staff.

Twenty-nine percent more passengers travelled in 2024 than the year before, totalling 66,196,984. According to FeSMC-UGT, this notable rise implies that cleaning employees must bear a heavy “physical and emotional burden” each day in order to deliver high-quality service. Serveo Facility Management SAU, which operates in Terminals 1, 2, and 3, Serveo Servicios SAU, which operates in Terminal 4, and Optima Facility Services, which operates T-4 Satellite, are the companies that are impacted by the strike.

The striking committee draws attention to sick leave coverage, which is “numerous” across all terminals, in relation to unmet agreements. “We were without a replacement for as long as forty or forty-five days. The firms guaranteed that this issue will be fixed. We had to quadruple the regions that should typically be given because of the extreme wear and tear. According to Fernanda Correira, a committee member who represents the Workers’ Union (USO), “making promises seems very easy, but delivering is not so easy.” In addition, AENA has started surveying passengers about the quality of its services. To make sure the image is as “perfect” as possible, a sizable number of cleaning personnel are sent to the site where one of these surveys is conducted. On the other hand, other terminal components are overlooked.

Committee members have described nighttime as “the most critical time.” For the cleaning staff, the homeless population is a “serious problem” because it has grown from 30 or 40 to around 500 in the past ten years. They must travel two by two in the event of an incident, thus they work in terror. They claim that cleaning their regions takes a lot more time and effort and has an impact on everything else.

In the past, we employees would return home exhausted from the physical strain, but now days, the emotional component is what matters most. From the beginning to the end, we are under pressure to perform. In addition to the businesses, we also voice our displeasure with AENA, their client. Although everyone wants the airport to be clean, nobody appreciates the job we do. Not even the travellers, who occasionally even make fun of us. One of the 700 employees that make up the cleaning services workforce, including temporary workers, states, “We have a huge amount of sick leave for mental health reasons.”

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The ASAE union, which has been against AENA for the “out-of-control” situation with regard to the number of homeless persons, says it “supports the strike due to AENA’s continued financial cuts in contracts.” “We completely understand that they want to work in decent and safe environments and not have to endure insults, threats, and attacks from the 500 people living in poverty at Barajas Airport, another reason for the protest,” they say. The striking employees “regret in advance any deep inconvenience this situation may cause to airport users.”

In the meantime, attempts to address the homeless disagreement between Madrid City Council and infrastructure administrators have not been successful. Both parties have remained silent during the “high tension” moments, expressing their profound care about the matter while frequently ignoring their obligations. The trend has not improved at all, and it may possibly worsen in the upcoming months due to the absence of alternative housing for these individuals, even if winter and the unfavourable weather are ending.


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Costa Blanca

Alicante is now part of TUI’s city break package

TUI

With the addition of Alicante and Salzburg to its portfolio of city breaks, TUI UK&I has given its customers even more options when it comes to vacation planning.


There are currently 57 city breaks available for tourists looking for quick vacations thanks to TUI’s quick expansion of its city break packages, which has seen the addition of six more cities since January.

Alicante - Costa Blanca - Spain

Travellers can enjoy a combination of leisurely beach days and exploring the city of Alicante, which is teeming with amazing architecture from the Mediaeval to the Modernist periods. There are lots of local bars to check out along the waterfront, and it’s easy to go from the beach to the bustling city centre.

Salzburg is a vibrant city with a wealth of museums, culture, stunning mountain views, and architecture that transports you to a Renaissance painting. Salzburg has a lot to offer tourists of all stripes, including a large number of local taverns, beer, and traditional food vendors.

And since Salzburg is the birthplace of the Sound of Music, there’s no better way to commemorate the movie’s 60th anniversary than to take a trip there and experience the beloved 1959 musical.

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Family rescued from house fire in Villajoyosa

Villajoyosa

Yesterday afternoon, Monday 31st March, a fire started on the bottom floor of a house near the railway bridge in Villajoyosa, forcing a family to evacuate. However, no one there needed medical care, according to municipal sources.

The local police, the Guardia Civil, firefighters from the Provincial Consortium attached to the Benidorm fire station, and an ambulance—which was eventually unnecessary—were among the emergency services sent to the scene.

Throughout the late afternoon, a large portion of the town could see the smoke column, which was coming from the Costes district.


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Priscilla, Queen of the Desert - The Musical in Murcia
January 30, 2025 - February 2, 2025    
All Day
From the silver screen to the stage, via a big silver bus, Priscilla, Queen of the Desert comes to Murcia with the Spanish stage show [...]
Torrevieja Carnival 2025
February 7, 2025 - March 2, 2025    
All Day
Torrevieja's famous carnival takes place from 7 February to 2 March 2025, with all the usual parades and events surrounding this cultural delight.
Torrevieja Jobs Fair
February 13, 2025    
09:30 - 14:00
The "Virgen del Carmen" Cultural Centre in Torrevieja will be the site of the 1st Employment Fair for Inclusion today, Thursday, February 13, from 9:30 [...]
International Open BMX Racing Weekend in Elche
February 15, 2025 - February 16, 2025    
09:00 - 16:00
This weekend, Elche will be the site of the International Open BMX Racing. This is expected to be the best BMX competition ever, with some [...]
Torrevieja National Drag Queen Contest
February 15, 2025    
21:00 - 22:45
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Javea Sunday Market
February 16, 2025    
11:00 - 14:00
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OST: Tchaikovsky and Schubert in Torrevieja
February 22, 2025    
19:00 - 20:30
If you're a fan of classical music, you won't want to miss the third concert of the 2024–25 season by the Torrevieja Symphony Orchestra. The [...]
Artichoke and Broccoli Gastronomic Fair in San Fulgencio
February 23, 2025    
11:00 - 14:00
At this fair, let the different tastes of artichoke and broccoli surprise you. Try some tapas made with these delicious items. You can also join [...]
Il Trovatore in Torrevieja
February 26, 2025    
20:00 - 22:00
The Municipal Theatre in Torrevieja will be the host to the opera Il Trovatore on Wednesday 26 February, 2025.
Orihuela Medieval Market
February 28, 2025 - March 2, 2025    
All Day
Orihuela hosts a medieval festival every year. The market starts at the Cathedral and has many stalls selling food, drink, souvenirs, artefacts, jewellery, and apparel, [...]
Events on January 30, 2025
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Torrevieja Carnival 2025
7 Feb 25
Torrevieja
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16 Feb 25
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