INTEREST rates in the Eurozone could fall to 2.5% next year, having closed August 2024 on 3.75%, according to latest research.
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The German retail giant says it will replace five-cent plastic carriers with multi-use raffia bags at 50 cents, and recycled paper bags will be provided for loose goods.
Raffia bags are plastic-coated, but recycled, and are hard-wearing and designed practically for lifetime use, meaning they do not create toxic waste in the same way as traditional supermarket carriers do.
At a press conference in Madrid this week, chief executive Claus Grande said this would come into effect before the end of 2018 – even though it would mean a €1.5 million dent in Lidl's takings.
The company will see its income from bag sales fall by 30% as a result, but is 'committed' to the changes, says Grande.
Lidl has already stopped providing plastic bags at its stores in the Balearic Islands.
According to Grande, nine in 10 Lidl customers in Spain are in favour of the move.
A European Union directive means member States are not allowed to sell lightweight plastic bags from the year 2020, but Lidl intends to go beyond these requirements, stopping at least a year early and eradicating all plastic bags, not just the light ones.
INTEREST rates in the Eurozone could fall to 2.5% next year, having closed August 2024 on 3.75%, according to latest research.
TWO of Spain's largest high-street banks are reported to be in merger talks, potentially resulting in the joint entity being the second-biggest in the country in terms of share capital.
THE average Spanish resident will spend between €500 and €1,500 on their holidays this year, with three in 10 set to increase their budget from last year and 16% reducing it.
SPAIN'S State post office has launched a new solution for passing travellers who do not want to lug their suitcases around: Lockers for bags are now provided, with prices depending upon weight.