Mr Rajoy has appointed his new cabinet ministers on Friday. When we talk about governance in Spain, with what is clearly a minority government, the socialist party’s participation in this future looks inevitable. And only then will we witness its capacity for reinvention and getting past the slogans.
Search Results for ten lost months
Spain was a well-liked region within European banks until the new government came into place. As Morgan Stanley points in a note to investors, “the negative noise around a potential bank tax and the doubts on the fiscal plans have hit the sector.” Santander will kick off the 2Q18 results season on July 25th with all the eyes on its capital position and headwinds from Latam currencies. Issues like Turkey in BBVA and TSB in Sabadell have provided more downside to some of these names.
Greece has been let down on numerous occasions by its politicians and Tsipras has often criticised opposition parties for their role that led to the crisis in 2009 and its management subsequently. However, he must look back at those six months of 2015 and wonder what he was thinking.
By Alexandre Mato in BRUSSELS & Sean Duffy in MADRID | A day of hard negotiations finally produced a positive outcome.Greece will work throughout the weekend to ready proposals for Monday´s meeting, but politicans were visibly relieved after an arduous week.
Crystal-clear answers for the foggiest question: why is the euro zone in such dire state? Banco Santander’s board member Guillermo de la Dehesa speaks of a self-inflicted crisis, the resignation cycle at the Bundesbank and how to reform the European Central Bank.
Fidelity | It is not common to experience the oscillations in sentiment we have seen in recent months. Markets surged optimistically during most of 2018, but this ended in the last quarter of the year. This year has returned to optimism, although not at the levels we saw at different stages on 2018.
The Spanish competition regulator (CNMC – which regulates telecommunications in Spain) has published market data for December 2018.In the opinion of analysts at Santander Research, this is the best news in Spain’s telecommunications market data in December, “given that during the previous 18 months, customer turnover grew continuously yoy.”
In addition to the losses from the 34 day US administrative shutdown, which were set at $11 Bn, there are other reasons to expect a less positive tone in the US than the positive current one. For the analysts at Intermoney, the only aspect able to explain this is the so called Powell put whose effect will be temporary. But where does this concept come from?
The political instability is not just a Spanish phenomenon. We are far from the climate of the thirties in the 20th century, but the increase in nationalist populism is worrying. 2019 is replete with uncertainties, but it is also true that unemployment in the European Union has fallen below 8% for the first time since the crisis and that in Spain the number of people affiliated with Social Security has recovered pre-2008 levels.