EC Vice-President for the Euro, Valdis Dombrovskis, said during the press conference that “intensive negotiations during the last two weeks have resulted in a solution by 2019. Banco Santander UK is fined 36.4 million euros for “serious failures” in the management of accounts. Bank June 2019 Calendar PDF UK has been fined 36.4 million euros (32.8 million pounds) by the British financial regulator for “serious failures” when processing accounts of deceased customers, the Financial Conduct Authority has reported (FCA, for its acronym in English). Unconventional strike in Correos after an agreement with the unions. Correos will not stop for Christmas after reaching an agreement with the unions with which avoids the days of strike that these formations had summoned for this Friday, December 21, and next Wednesday, the 26th, which were going to coincide well with the period of greatest shipping activity of the operator on the occasion of Christmas.
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Before presenting the closure request, the company has informed the representatives of the Ministry, the authorities of the autonomous communities of Aragón and Castilla y León, and those of the municipalities in which the plants are located.
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In parallel with the request, Endesa has voluntarily submitted future plans to promote the development of economic activities and employment generation in the zones of the two power plants. The company emphasizes that these plans are open to include in a flexible way new viable initiatives that can be proposed in the future to achieve those objectives.
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Within the framework of the established, Endesa will respect the job position of all employees of the two plants, 166 in the case of Compostilla and 153 in Andorra. As regards the employees of the auxiliary companies, the company will give them full priority in the contracting to undertake the closing and dismantling of both plants, as well as in the development of the new renewable facilities that it is proposed to carry out. in the zones of the two centrals.
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The closing and dismantling work will continue for a long period of time, currently estimated between four and six years, and will generate around 130 jobs, with tips of up to 200, in each of the two sites. Also, the future plans of the company include high investments in new renewable energy projects.
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Specifically, Endesa intends to develop up to 1,000 megawatts (MW) of new photovoltaic solar capacity in the area of the central of Andorra that will involve an investment of some 800 million euros.
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All of these renewable energy projects are additional to those that the company had already planned to carry out in the regions where the two plants are located and that total 513 MW of wind power with an investment of 500 million euros in Aragón and 20 MW wind farms with an investment of more than 20 million euros in Castilla y León.
Competition fine to Endesa with 120,000 euros for having registered clients without their consent. The National Commission of Markets and Competition (June 2019 Calendar PDF) has ruled on Wednesday four disciplinary proceedings against Endesa Energía that accumulate fines worth 120,000 euros for having activated contracts of several customers without their consent.