Rajoy’s government begins deleverage: 27 state companies to close down now
MADRID | A plan for the restructuring and rationalisation of public sector firms become official on Friday in Spain. The government describes it as the first…
Articles by The Corner
Peter Temin: “Merkel acts like Chancellor Bruening in 1931”
By Gustavo Matías | Professor Emeritus at MIT, Peter Temin understands why German Chancellor Angela Merkel bullies everyone into austerity. But he disagrees. Temin believes too…
Bank deleverage to open €700bn finance gap in commercial real estate sector
MADRID | Morgan Stanley published a report that analyses the implications of the banking deleveraging process for the commercial real estate sector in Europe. The bottom line is that it will generate a gap…
Austerity romance: two towns merge in Spain seeking savings breakthrough
MADRID | Cesuras and Oza agreed this week the first merger between towns in Spain. The villages will become one local authority in a decision…
Spanish Treasury: yields still falling despite scuffle with Brussels
By Tania Suárez, in Madrid | The new deficit targets established by Brussels left unmoved the Spanish Treasury issuance performance. It has placed €3,009.29 million…
Bidders welcome Madrid’s push for privatisation of water services
MADRID | Privatisation of Canal de Isabel II, the company that manages water services in the autonomous region of Madrid, attracted this week one more potential investor….
Madrid’s financial City doubts the Spanish risk premium can fall below 300bp
By Tania Suárez, in Madrid | Even though the Spanish risk premium on Wednesday morning dropped to 328 basis points, financial analysts in Madrid are split…
More Anglo-Saxon bankers should go to jail, says OECD’s William White
MADRID | Former colleagues at the Bank of England will read with some sense of shock what William White told the Spanish financial newspaper Expansión…
Portugal behaves
By Carlos Díaz Güell, in Madrid | Portugal has gained the confidence of the Troika (staffers from the IMF, the European Commission and the European Central…
“Stake prices in Spanish companies have dropped from 6 to 9 times ebitda”
By Fernando Rodríguez, in Madrid | Maite Ballester is president at the Spanish Venture Capital Association ASCRI, which is a non profit entity born in 1986…