Business News & Financial News

In Spain 9th July 2026

Spain proposes issuing €850 billion annually in common EU debt (without European debt, euro cannot rival dollar)

The Spanish Economy Minister, Carlos Cuerpo, will champion an ambitious proposal before his Eurogroup counterparts today to issue up to €850 billion annually in common European debt. The objective: to create a benchmark safe asset for the bloc’s companies, save billions in financing costs, and reinforce the status of the euro. The initiative, which Euronews has accessed, projects an outstanding balance of €5 trillion in just five years if the…

In Europe, Markets 9th July 2026

ESMA publishes technical standards on CCP admission criteria

Reported by Consejeros Editorial Team The European Securities and Markets Authority (ESMA), the regulatory and supervisory body for the European Union’s financial markets, has published its final report on the regulatory technical standards (RTS) relating to the elements of the admission criteria for central counterparties (CCPs), following the revision of the European Market Infrastructure Regulation (EMIR 3). EMIR 3 introduces amendments to the provisions relating to the requirements for participation…

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In the World, Markets 9th July 2026

25 per cent of S&P companies already reporting measurable benefits from AI

Analysis by Morgan Stanley Investors have expressed some concern about the shift from a ‘tokenmaxxing’ strategy – focused on maximising the use of artificial intelligence (AI) capacity within companies – towards a more cost-disciplined approach, and about the implications this could have for AI adoption. However, companies continue to highlight increasingly visible and quantifiable benefits derived from its implementation. In 2Q26, 40 per cent of companies identified as AI adopters…

rosa garcia consejera caixabank acerinox ence

“Many companies complicate CSRD implementation more than necessary”

Rosa Mª García Piñeiro, board member at Caixabank, Acerinox, and Ence—serving as chair of the sustainability committee for the latter two and as a committee member at Caixabank—explains that “the directive does not set the materiality threshold. The company decides it based on its own criteria. There is nothing in the legislation that prescribes what is material and what is not. The auditor-verifier may have one opinion, the company may…

“We are one of Europe’s leading R&D investors: €1.45 billion last year”

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…

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