Articles by JP Marin Arrese

About the Author

JP Marin Arrese
Juan Pedro Marín Arrese is a Madrid-based economic analyst and observer. He regularly publishes articles in the Spanish leading financial newspaper 'Expansión'.
The talks on Catalonia’s future will neither fly nor sink

The Talks On Catalonia’s Future Will Neither Fly Nor Sink

J.P. Marín Arrese | Both parties at the negotiation table are fully aware the bilateral talks will lead nowhere. Madrid cannot concede self-rule to Catalonia. Its independentist counterpart won’t accept anything short of that. Thus, discussions will become bogged in shallow waters, unable to provide the slightest chance to float. Yet, they will neither collapse nor sink, as long as the pragmatic ERC Party holds the line.

The labour market reform in Spain: a user’s guide

The labour market reform in Spain: a user’s guide

J.P. Marín Arrese / Looking for any rational clue in the extricate discussion on labour relations seems a hopeless aim. One even wonders why economists still call it a market when it departs so obviously from any standard pattern.

 



Spain heads for a bumpy ride

J.P. Marín-Arrese | The Sánchez-led Cabinet will lack any steady support in Parliament for implementing a reasonable policy line.


Jerome Powell

Jerome Powell’s Penelope tactics

J. P. Marín-Arrese | Once again, Jerome Powell played down the need for monetary easing in the press conference following the Fed’s rate cut decision. His unconvincing delivery led Mr Trump to heap scorn on his uninspiring performance. For once, his bitter recriminations were fully justified.



Draghi leaves an outstanding heritage

J. P. Marín-Arrese | Against all odds, Draghi has secured consensus over his stimuli package by a cunny trade-off between the subdued intensity of individual measures in exchange of ample coverage. His brilliant brinkmanship as Chair of the ECB facilitates the task of his successor as Ms Lagarde can wait-and-see comfortably cushioned by a strong and comprehensive arsenal relieving her of the need to change course for many months to come.


new spanish elections

Better red than dead

J.P. Marín Arrese | This motto struck by Bertrand Russell galvanised those opposed to the nuclear weapons race. In his view, surrendering to communism stood as a less harmful choice than the dire prospect of massive immolation in a new world war. Fortunately, we skipped confronting the bad and worst alternatives Mr Russell thought would inevitably emerge.


The ECB poised to loosen money conditions

JP Marín-Arrese | Christine Lagarde’s nomination ensures the ECB will fully preserve Draghi’s heritage. It will certainly deliver a substantive loosening in monetary policy over the coming months. Everyone expects the first move to materialise this week, probably a rate cut. Anything short of a clear message in the coming press conference would deeply disappoint the markets. Whatever happens next Thursday, more robust action will materialise before the year close.