Julius Sen, Academic Director at the London School of Economics thinks that “we have a flexible model. The market knows it and plays with it, forcing looser monetary policies and tight fiscal policies with the stability pact in Europe and the ‘sequester’ in the US. Sen claims that “there will be debt reliefs in some eurozone countries.”
Ana María Llopis, independent director at Societe Generale explains that “the entity’s share price was at 40 euros before the crisis and now it is around 42-44 euros. So some banks have recovered. Then there are others still at low prices for particular reasons, or because they operate in China or Brazil.”
BEIJING| Alberto Lebrón | There have been two events in November which have been key to measuring the trend in global consumption: China’s “Singles’ Day” on 11/11 and the Black Friday-Cyber Monday weekend in the rest of the world. Diane Wang, an e-business pioneer and one of the 10 most powerful women in the Asia Pacific, has created the largest b2b platform in China, with 10 million corporate clients.
By Luis Martín via Truman | Professor at the Lyndon B. Johnson School of Public Affairs (Texas), James K. Galbraith was advisor to the Greek Minister of Finance, Yanis Varoufakis, from February through July 2015. In this interview he spoke about the Greek crisis and the challenges ahead for the euro currency.
By Wang Liwei at Caixin | Aders Borg from the World Economic Forum discusses structural changes and the global financial framework’s future.
MADRID | July 24, 2015 | By Fernando Barciela | Economist, businessman and former minister at several Spanish socialist cabinets between 1982 and 1993, Carlos Solchaga praises the big steps taken by the Spanish labour reform –the main of which he claims were made in the years ‘93 and ‘94, while he was a member of the government. This is the first part of our conversation.
The Corner | July 6, 2015 | As the ECB decides whether to continue providing emergency liquidity assistance (ELA) to Greece this morning, former governing council member José Manuel González-Páramo finds it hard to believe the aid will be increased. A Grexit “is unlikely to happen,” he said on Spanish radio Onda Cero.
BRUSSELS | July 3, 2015 | By Jacobo de Regoyos | The Greek crisis has sparked an intense debate about the future of the European Union. Spain recently handed Brussels a proposal on a eurozone-level budget for emergency rescues, and the need of issuing eurobonds. Head of Spain’s Economic Office Head Álvaro Nadal spoke to The Corner about competitiveness and solidarity between members. This is the second part of an interview.
BRUSSELS | June 26, 2015 | By Jacobo de Regoyos | Along with other EU state members, Spain called for a eurozone-level budget for emergency rescues, and issue debt in the form of eurobonds. Álvaro Nadal, Director of the Economic Affairs Office of the Spanish Prime Minister explained it for The Corner. This is the first part of the interview.
MADRID | June 22, 2015 | By Fernando Barciela | Member of the board at Spanish stock market operator BME since 2014, Carlos Fernández is the current ombudsman of the Madrid Stock Exchange. In the first part of this interview he spoke to The Corner about conflicts of interest in the auditing world –”Somehow regulators are the ones who should be regulated,”– and the excess of complex information that investors face.