In Spain

European brochure norm comes into effect: end to more burdensome regime for Spanish issuances

From 21 July the regulator (CNMV) will no longer require an expert report on the emission of bonds or structured products aimed at retail investors to ensure the accuracy of the associated brochure. The new European norm on brochures will come into effect on 21 July, so the need for this requirement, which CNMC decided to seek in 2005 for Spanish shares, will disappear.


Time for Spain to get a foreign policy

Spain: Is growth without stability possible?

Joan Tapia (Barcelona) | The possibility of new elections in November is beginning to sound the alarm about the ability of Spanish political parties to form coalitions. The Spanish economy is an animal of great strength which, once set going, is resistant and difficult to stop. So said to me a few months ago a distinguished Spanish economist who presides over one of the most respected think tanks.


Spain tourism

International tourism in Spain: from quantity to quality?

CaixaBank Research | The strong growth in international tourism which Spain has experienced is having a positive impact on economic growth and employment. However, it is also generating impacts on the resident population which are not always positive, as shown by the increasing congestion in certain parts of Spain caused by the high numbers of tourists. This has revived the debate over the need to move to a higher quality of tourism.
What do we understand by quality tourism?

 



Housing market

Residential Property: Growing prospect of rent control (even outside Germany)

The multi-family residential renting model has become very popular recently, given that it has always been associated with a history of defensive growth, with an environment of structural risks in retail and end of cycle risks in the office segment. But now, Morgan Stanley analysts suggest, the introduction of norms freezing rents in Berlin has provoked understandable concerns not only in Germany but also in countries like Spain and France.