The European Commission has unveiled a document with an anual battery of recommendations to improve the Spain’s economy’s weak points. It has asked, for the sixth consecutive year, that the improves its public system for finding employment.Read More
Spanish banks (and their fund management companies) continue to charge high commissions on their investment funds and pension plans. They can afford to do that because in Spain, the clients are the banks’ clients and they are cautious. So there is little competition in this sector, unlike in the UK.
Barry Eichengreen via Caixin | The trade deal announced recently by U.S. and China is not easy to evaluate, involving as it did everything from beef and poultry to liquefied natural gas. Washington and Beijing hailed it as an important breakthrough, but skeptical commentators dismissed it as little more than a repackaging of existing commitments.
The possibility of a measured change in the ECB’s language, focused on the analysis of risks and the re-affirmation of its confidence in the recovery scenario, make more sense after seeing the minutes of the central bank’s April meeting. But this change is not expected until after the summer, with the September meeting seen as the big date in the diary.Read More
After a turbulent year in 2016 for Spanish politics and especially for socialist party, the primary election for PSOE will be held next Sunday. The election of candidates had never generated so much interest in the media and the people, but this time is different. The future of declining social democracy across Europe could start clearing in Spain.Read More