|
2006
|
|
August |
3 |
European
Central Bank raises official
interest rate to 3.00%. |
| |
8 |
One-month
forward price of Brent quality oil
goes up to all-time high of 78.49 dollars a barrel. |
| |
12 |
UN
Security Council approves resolution for cease-fire
in Lebanon in conflict between
Israel and Hezbollah. |
| September |
26
|
European
Commission gives go-ahead to entry of Romania
and Bulgaria into European
Union on January 1, 2007. |
| October |
5 |
European
Central Bank raises official
interest rate to 3.25%. |
| November |
29 |
Publication
in BOE Official Bulletin of Law 35/2006 on reforms to Personal
Income Tax and partial modification
of laws on Corporate Tax, Non-resident tax and Property Tax. |
| December |
7 |
European
Central Bank raises official
interest rate to 3.50%. |
|
2007
|
|
January
|
1 |
European
Union enlarged to 27 member
states following inclusion of Romania and Bulgaria; and euro
area numbers 13 members
following adoption of European single currency by Slovenia. |
| |
|
Reforms to
Personal Income Tax and
Corporate Tax go into force. |
| March |
8 |
European
Central Bank raises official
interest rate to 3.75%. |
| April |
13 |
Publication
of Law 6/2007 in Official Government Bulletin (BOE) modifying the regulations applying
to takeover bids
which come into force in mid-August. |
| June |
1 |
IBEX
35 index for Spanish
stock market marks up all-time
high (15,501.5) with cumulative gains of 9.6% compared with December 2006. |
| |
14 |
Parliament
approves new Law on
Safeguarding Competition
with creation of National Competition Commission. |
| |
21 |
EU
Council of Ministers approves adoption
of euro as national currency for Malta and Cyprus
as of January 1, 2008. |
| |
23 |
European
Council agrees on basic lines to be adopted in new treaty that takes place of European
Constitution. |
| July |
19 |
Dow
Jones index for New
York stock exchange registers
all-time high (14,000.4) with rise of 12.3% compared with end of 2006. |
| August |
9 |
European
Central Bank injects extraordinary liquidity into interbank market as early emergency
move to ease pressures set off by sub-prime
mortgage crisis in United
States. |
| |
13 |
US
Federal Reserve reduces discount interest rate from 6.25% to 5.75% in order to relieve
effects of
sub-prime
mortgage crisis
|
