Articles by Carlos Díaz Guell

About the Author

Carlos Díaz Guell
Editor at consensodelmercado.com and innovaspain.com, Carlos began his career in financial journalism as founding member of El País. He's been communications director of Bank of Spain, member of the ECC at the European Central Bank, Institutional Relations director at Iberia and editor at La Economía 16 magazine.

Spain's banking sector

Spain’s Banking Sector In 2020: Seven Lenders Remaining?

A lot of matters need to be addressed in Spain’s banking sector in the next four years. Urgent matters are the full privatisation of Bankia and the irrelevant BMN; completing the transformation of the savings banks (La Caixa, Kutxabank, Ibercaja, Unicaja and Liberbank), the adjustment of Banco Popular and the retirement of the post-war bankers.


Populism

Economic populism threatens to prevail amongst both the right and the left

Reliable economists coincide in assuring us that if populists like Podemos got into power, it would mean a “a fast and intense” deterioration in GDP. But social inequality, characterised in the developed countries by the empoverishment of the middle class, is already causing alarm bells to ring in the economic world which pays more attention to global trends.


Spanish R&D

Spain’s R&D Ranks In An Unpretentious Second Division

Irrespective of what kind it is, research generates numerous commercial applications which can be profitable for the companies who promote them, while making countries more powerful and turning them into global scientific references. And so what about Spain? There is an increasingly more intense brain drain amongst young Spanish researchers. They are snatched by foreign universities to develop an activity which here in Spain is limited, fundamentally for budget reasons.


Madrid radial highways

This Time The Financial Rescue In Spain Is For Highways

The idea of motorways which would help decongest access to Madrid began to take shape in the first half of the 1990s and the project was completed in 2000. At that time it was a win-win situation for both investors and citizens. Now these highways have gone bankrupt and will need to be rescued, which could cost the public coffers nearly 900 million euros.

 


Spain defence spending

More Deficit?: Spain Obliged To Double Defence Budget

Someone like Donald Trump emerging on the world stage threatens to make too many changes in the status quo, some of which will have a particular impact on Europe’s economies and especially Spain. One area which appears likely to progress at a cruising speed in the short and medium-term is Defence spending. This is a particularly sensitive issue and one which Obama already tried to have modified during his mandate.


spain challenges 2017

Spain Budget Continues To Miss Opportunities

Rajoy’s minority government will face the first big challenge of its new term in office with the presentation of the 2017 State Budget. This could be a good opportunity to start from scratch and implement much needed reforms.


Spain's renewables

Too Many Unresolved Issues For New Spanish Energy Minister

Energy sector analysts have received Spain’s new Energy Minister with a sense of satisfaction, pointing out that most of the electricity reform has been implemented, although there are a few aspects still to be regulated. This is too simple a version coming from a sector accustomed to having a low profile. And one which, despite the latest modifications, charges Spaniards one of the most expensive electricity tariffs in Europe, according to Eurostat.


spanish companies are international

Spanish Companies Are Busy, Busy: Particularly Overseas

Spanish companies like Santander, Zara, Freixenet, ACS, Repsol, Roca, Iberdrola, Abertis, Telefónica, Melia or Ferrovial, to mention only a very few, are the companies which are behind this internationalisation of our country’s economy. Over the last few years, they have given a considerable boost to the Spanish economy’s presence across the globe.


spain big business

Spain’s Big Business Choir Fades Out Without Grief Or Glory

Spain’s Committee for Competitiveness in Business has had zero influence over this year when the country has been without a government. Set up in 2011 by the heads of the 15 biggest Spanish companies, its aim was to boost the economic recovery and strengthen international investor confidence.