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spain

In Europe 14th November 2013

Spanish Banks’ Bailout, Hasta la Vista…

THE CORNER TEAM | Madrid and Dublin celebrated cutting their bailout umbilical cord on Thursday, renouncing to extend the aid after their aid programmes will end. This means they will be able to enjoy economic, budgetary and funding conditions like most other sovereign countries. To finally fund themselves normally on the markets, without paying an extra penalty. However, there is still homework to do: in the case of Spain, the country needs restructuring its local savings banks.

ireland

In Europe 17th October 2013

Ireland: Exit into the Unknown

LONDON | By   at The Guardian via Presseurop | After three years of public sector spending cuts, Ireland looks set to exit the EU-ECB-IMF bailout programme on December 15, but at what cost? The country remains mired in depression and the economy is now hollowed out. (Illustration: “Informal Meeting of ECOFIN Ministers in Dublin” by Eoin Kelleher).

No Picture

Spanish economy 18th September 2013

Deficit and Bank Bailout Put Spain Under the Spotlight

MADRID | By Francisco López | Spain’s credibility is at stake. In the coming months the country will need to tackle its two main economic commitments: compliance with the deficit target of 6.5 per cent in 2013 and requesting (or not) an extension of the bank bailout in November.

Spain bailout

In Europe 31st December 2012

Spain needs assistance, rather than financial bailout

Spain needs technical but also political assistance to redress the hesitant and often deficient action of the current government. Even if backed by an overall majority in Parliament, the government seems unable to offer a solvent alternative.

rumours

Markets 14th November 2012

The Spanish rescue can wait

Madrid has many reasons to remain cautious on the merits of embarking itself on a no-return ticket to euro-assistance. It doesn’t know for sure the price to pay and the concrete benefits to be reaped.