interviews



France needs to protect workers not jobs

“We Need To Protect Workers, Not Jobs”

Emmanuelle Auriol, member of the board of the European Economic Association at the University of Toulouse, is well-known in France for her polemic proposals. She believes, and this is very important for France, for its identity and the social consensus we have established, “that we need to protect the workers, not the jobs. Because if we try to protect the jobs, prohibit lay-offs, what happens is that there is more unemployment in the end.”


Mohamed El Erian interview

“There Is Some Problem With The Productivity Statistics”

Mohamed El-Erian, currently chief economist with German insurance group Allianz, and touted as a possible sucessor to Stanley Fischer, believes that monetary policy cannot do any more. And that the governments of the democratic countries have not been capable of coordinating economic policies which solve the problems created by the last crisis.


Claudio Borio about Spain tackling the crisis

“Spain Tackled Its Problems Energetically; It’s Not Been The Same In Other Eurozone Countries”

Claudio Borio, chief economist at the Bank of International Payments (BIS) in Basel, believes that the question that differentiates what has been happening in continental Europe from what has been happening to some extent in the US, the UK and other economies, including Spain, is the extent to which the banking problems and the asset quality problems have been adressed head-on.





Spanish minority shareholders

“Spanish Minority Shareholders Only Mobilise When There Is A Crisis Like Abengoa, Popular, La Seda..”

Fernando Rodríguez |Javier Cremades is chairman of The Spanish Association for Minority Shareholders of Listed Companies (AEMEC). The association probably represents the most important group of former Popular shareholders on the map of litigants which seems to be being created. Cremades gives his view on this case and on other issues like the divided image foreign investors have of Spain.


CIE Automotive business

“CIE Automotive has always emerged stronger from crises”

Fernando Barciela | “In the 2008 crisis, the only car assembly industry where production expanded was in Spain. It’s only through crises that you find maximum efficiency. They are good for making everyone react and put every effort they can into improving the production chain. In fact, in CIE we are always going through some crisis or other,” explains Jesús María Herrera Barandiarán, CEO of CIE Automotive.