In an article dedicated to the French economy, Timothy Taylor makes some interesting comments on the “mystery” that is France, one of the richest countries in the world, where you can breathe opulence as soon as you arrive there. But all this implies a degree of interventionism which has its consequences.Read More
Janis A. Emmanouilidis and Fabian Zuleeg via Macropolis | After the Brexit vote and the collective failure to predict the impending earthquake and ‘sign of times’, it would be a mistake to carry on as if nothing had happened. Although the UK is undoubtedly a special case, there is a need to reflect more fundamentally on the state of European integration and its future prospects. Next year’s commemoration of the 60th anniversary of the Treaty of Rome provides a good opportunity to ask some fundamental questions: Where do we stand? What can we expect? What is the biggest threat? european integration mistakesAnd how could we respond?
Spain’s main non-financial listed companies are contributing to building a more balanced, flexible and resistant financial system. According to a report prepard by BME’s Research Department, between 2010 and 2015 this group’s shareholder funds grew by 15.4% and its financial debt fell by 12.2%, with a decline of nearly 40% in bank credit and and a parallel 23% rise in fixed income issuances.
Spain’s risk premium has fallen almost 5% with respect to Friday’s close after the socialist party’s decision to abstain and facilitate, finally, the formation of a government. So Mariano Rajoy will become President again after nearly 11 months in a caretaker role.Read More
J.L.M. Campuzano (Spanish Banking Association) | The Bank of Spain has published the financial accounts for households and companies in the second quarter. The cash and deposits component was the highest, standing at 44% of total financial assets, representing a 1.3 percentage points rise in the period. This says a lot about their huge lack of confidence in the future.Read More