MADRID | By JP Marín Arrese | The Bank of Spain tough line on refinancing is likely to force extra new provisioning. Especially in entities where that practice was developed with little precautionary measures.
MADRID | By JP Marín Arrese | Even if the Socialist Party is bound to fail as the ruling party holds a comfortable majority, it could expose Mr Rajoy to a damaging debate. He should overcome his inner reluctance to tell his truth on this scandal, going to Parliament on his own.
MADRID | By JP Marín Arrese | Serving the public is a life-long profession that should never get stranded in the pitfall traps of money.
MADRID | BY JP Marín Arrese | The piecemeal strategy in addressing unwarranted aids likely to grossly distort the allocation of resources might end up fuelling uncertainty and a massive stampede from investors.
MADRID | By JP Marín Arrese | The real task facing negotiators is tackling the non-trade barriers. Divergent regulation on goods and services represents a formidable hurdle for exporters on both sides of the Atlantic.
MADRID | By JP Marín Arrese | In the EU melt pot no one has a clear idea where are we heading for. Having access to encrypted e-mails from government officials, as the Snowden affair exposes, won’t lead you much far in understanding the Old Continent.
MADRID | By JP Marín Arrese | As we move into troubled waters following the FED intention to taper off its massive asset buying scheme, the ECB is bound to take bold steps to protect both the European economies and the common currency. Otherwise we may run into severe turbulences in the coming months.
MADRID | By JP Marín Arrese | Depriving the ECB of the capacity to deal with ailing entities does undermine its authority as a supervisor in a Banking Union.
MADRID | By JP Marín Arrese | The G 8 declaration doesn’t encompass any timetable to implement the tough foreseen discipline, nor a precise rule book on how turning into practice such good intentions.
MADRID | By JP Marín Arrese | Banks should enforce the sooner the better these EBA guidelines if only to avoid transforming their credit portfolio into real estate heavily undervalued.