Articles by Ana Fuentes

About the Author

Ana Fuentes
Ana Fuentes is The Corner Editor-in-Chief. Currently based in Madrid, she has been a correspondent in New York, Beijing and Paris for several international media outlets such as Prisa Radio, Radio Netherlands or CNN en español. Ana holds a degree in Journalism from the Complutense University in Madrid and the Sorbonne University in Paris, and a Masters in Journalism from Spanish newspaper El País. You can contact her at: anaf[at]thecorner.eu
Safe assets

“If we want a euro with more weight and a normal perception of risk, we need safe assets”

Ana Fuentes | After various decades in the private and public sector, Josina Kammerling, responsible for regulation at the CFA Institute, knows in detail the ins and outs of the financial market and its rules. She can therefore indicate its pros and cons. And do so in fluent English, Dutch, French or Italian … And also in perfect Spanish learnt as a girl in Burgos, where she moved when she was two: “My father opened the Heineken factory there” she recalls with a smile.


Thomas Cook.

Thomas Cook Bankruptcy: Losses (and opportunities) for the Spanish tourism sector

Ana Fuentes | On Sunday, hours before the giant Thomas Cook announced his bankruptcy, several Spanish businessmen in the tourism sector tried to avoid the fall of the British operator with an injection of 107 million. It was not enough. The Spanish employer Exceltur estimates the losses at 200 million euros and thousands of jobs are at risk. Direct competitors such as Tui, shareholder of the Riu Group, AIG and Internet platforms, however, will benefit.

 


new spanish elections

No joke: 4th Spanish elections in 4 years on November 10

Ana Fuentes | New Spanish elections: the political parties have been incapable of reaching agreement and the Spanish will have to vote again. They will be the fourth elections in four years. A period in which the credibility of the politicians, the patience of the voters and the economic muscle of the country have been worn thin, due to both internal and external factors.


Perhaps a thaw between Madrid and Catalonia has begun

Ana Fuentes | A tense autumn was expected between Madrid and Catalonia, but perhaps it will not be so bad. With the Supreme Court´s sentence on the Catalan separatist leaders only weeks away, and the anniversary of the illegal referendum on 1 October, Thursday´s demonstration in Barcelona was seen as a key measure of the temperature of Catalan separatism. Finally the figures show that the tension has (apparently) reduced: according to the local police, 600,000 people took to the streets. It was a massive, peaceful and colourful demonstration, but with the lowest turnout in 7 years, when the strongest drive for independence began.


Spanish politics: Fatigue and perplexity weigh in

Ana Fuentes | Spanish politics has settled on a disturbing calendar. This week the government of the social democrat Pedro Sánchez must clarify whether he will reach an agreement with Unidas Podemos or if he will call elections on November 10. It would be the fourth general election in five years. Time plays against and the feeling of uncertainty weighs more and more each day.


The battle for EU’s top jobs is on- What are Spain´s chances?

Ana Fuentes | The musical chairs for top institutional renewal in Brussels has begun. At stake are the presidencies of the European Commission, the European Council, the European Parliament and the European Central Bank, as well as the representative for Unión diplomacy. For Spain, opportunities may open up. Yet the government has to deal with the after effects of the Catalan conflict, which has not questioned its democratic legitimacy, although it may compromise its margin of maneuver.


EU elections: Highest turnout in 40 years and a golden chance for Spain

Ana Fuentes | In Spain, the results have been very markedly pro-European and the Socialist Party is the one that will contribute the most MEPs in Strasbourg. For some analysts, it is a golden opportunity that the government of Pedro Sánchez should take advantage of to increase the Spanish weight in the decisions, instead of having to be always subordinated to the Franco-German axis.


European elections: end of an era

Ana Fuentes (Brussels) | In a week´s time we will know the results of the European elections, the road map of the EU in a delicate moment of great fragmentation. To think in the classical left-right divide is a mistake. What matters is playing out in a cross bordering way: those that believe in Europe, although they question it in many areas, versus those who seek fewer concessions and more returns, more power for the sovereign states, even though they receive European funds.



Spanish socialist leader Pedro Sánchez's agenda

Spanish economy: when elections cloud the data

Ana Fuentes | Spain and the US are the only developed countries which are going to grow more than 2% in 2019 according to the IMF. On the case of Spain, exports, which were driving the country’s growth, have weakened, but domestic demand has grown. The risk premium is just below 100 basis points, compared to Italy’s 250 b.p. But beyond the data, the analysis is currently conditioned by the effect of the electoral campaign.