Spain

ECB hawks

IMF growth forecast dampens Spain’s prospects

Investors’ hoping that Madrid successfully implements the 2013 Budget were left wondering again after the IMF announced its gloomy expectations. For economist JP Marín Arrese, Spain’s euro partners will make a mistake if they keep pushing the country into the same line Greece, Ireland and Portugal have been forced to walk.


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How much is Catalonia owed?

How much does ‘different identity’ account in fiscal transfers between regions and their central government? Catalan president Artur Mas mixes tax data with sentimental issues and accusations of mistreatment, says Fernando G. Urbaneja, so a necessary dialogue becomes unnecessarily difficult.


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The bailout and Spain: a guide, so far

Luis Martí, former World Bank director, briefs us about the map of a no-one’s land where the Spanish government seems to be wandering in search of Brussels help to face its financial needs.




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Madrid-Barcelona doors still wide open

Something happened Friday September 28. Catalonia sold €2 billion in bonds and Spain’s Treasury minister announced that the regions rescue fund is now open for business to provide capital aid to Barcelona. The central government has a strong case to deactivate the Catalan conflict while reassuring markets with a restructuring plan of the state’s administration.


No Picture

“Germany’s position is excessively unclear”

It will not look good for the political party in office in Madrid, analyst at Self Bank Victoria Torre told Julia Pastor, but requiring a rescue is only a matter of when. And the Spanish government wouldn’t be the only one to blame.



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The Spanish donkey

Managing director at Re-Define, Sony Kapoor is a former investment banker and adviser to governments and international organizations. Kapoor argues that, unless Brussels change course, Spain will end up split between austerity and banking losses.


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No one ready to foot the Euro rescue bill

What exactly is Germany doing? It may succeed in shying away from the rescue bill now but it risks loosing the euro area market. Economist JP Marín Arrese warns the collapse of the common currency is not far from becoming a very real threat.