2013-07-22

Not everyone has been hard to get money to last the entire month. 125 Spanish bank managers earning more than a million Euros every year, according to a recent survey of European banking millionaires.
 
Despite the economic crisis that has paralyzed half of Spain, is Spain in fourth place among the EU countries with the largest number of bank managers with a million-payroll, writes the news agency Europa Press.
 
Spain comes after Britain with 2,436 bank managers who have over one million Euros per year, Germany in second place with 170 bank managers and France with 162 bank managers.
 
But not only that Spain are at the forefront when it comes to the “golden” payroll. The 125 Spanish bank managers have an average of 2.5 million Euros per year, and that is the highest in the EU, according to the study. This is considerably more than their German colleagues who have 1.8 million Euros, French 1,580,000 Euros and Italian with 1.64 million Euros per year.
 
The second best-paid bank managers, paradoxically, are their illness Greek colleagues who have an average income of two million Euros per year, property Marbella.
 
The 125 Spanish bank managers had in 2011 a total earned income of 106,900 Euros milioner, and a bonus income of 198 million Euros.

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Black money every 5 Euro in Spain

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Spain’s black money is up to nearly 20 percent of the country’s GDP. Around 196 Billions Euros annually was not compiled for the IRS in 2012, equivalent to 18.9 percent of GDP, according to a statement from the Fundación de Estudios Finacieros. The amount corresponds to that which could have been charged extra 20 billion Euros to the limp Spanish Treasury.

 
The numbers from the black Spanish economy is far from the results of similar studies in countries such as Germany, France and Great Britain, where the black economy is far less important. Only Italy surpasses Spain when it comes to black money.

 
The construction industry accounts for nearly a third of black money in Spain, followed by retail and restaurant industry.

 

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