It was expected Draghi to avoid any discussion of early exit from QE and he did so. The ECB’s president stuck to the December line. “Self sustained”, not “transient” inflation is wanted. Still, things may complicate this spring.
Articles by Julia Pastor
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The British community in Spain is the largest in the EU: there are 297,000 Britons resident in Spain, according to January data from the National Statistics Institute. After the political earthquake created by Brexit, a large part of this community is now seeking dual nationality from the Spanish government to protect their rights as European citizens. For this to happen, there will have to be a change in the Spanish law.
Following the oil price slump, both wealthy countries will relatively see their privileged economic position trimmed, but they can still capitalize on their status as oil producers, boosting production to defend market share and leading the European M&A market, respectively.
After the IMF warned about the structural reasons behind the emerging economies’ slowdown, José Luis Herrera, Spanish analyst at CMC Markets, talks about possibles solutions for commodities’ producers.
While Yellen bet on increasing rates, China’s slowdown concerns Draghi, but he is not considering further stimulus for the time being, says Gabriel Marqués at Intermoney.
Lehman Brothers’ collapse became a milestone representing the official start of the ongoing long economic crisis. Subprime mortgages had failed years before, then afterwards the crisis fuelled different situations such as the European bail-ins. Today marks seven years after the event. The risk from “too big to fail entities” remains.
The slowdown in oil prices affects all producer countries, both emerging and developed, whether Brazil, Mexico, Norway or the United States. The difference with the 90s is that EM are now much more solid.
MADRID | July 16, 2015 | By Fernando G. Urbaneja | To doubt German solidarity is to deny the evidence. To do it from Spain shows ignorance or bad faith. Merkel has proven she wants and can support the welfare state, firmly established in Germany for decades.
May 21, 2015 | By Benjamin Cole via Marcus’ Nunes Historinhas | If you don’t like quantitative easing, then consider this: The Nikkei 225, a broad measure of Japan’s stock market, is up 45.9% in the last 52 weeks.
MADRID | By Sean Duffy | Investment by Catalan lender may provoke “Iberian battle” for supremacy in the peninsula.