Ana Fuentes | In Spain, the results have been very markedly pro-European and the Socialist Party is the one that will contribute the most MEPs in Strasbourg. For some analysts, it is a golden opportunity that the government of Pedro Sánchez should take advantage of to increase the Spanish weight in the decisions, instead of having to be always subordinated to the Franco-German axis.
Articles by Ana Fuentes
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Ana Fuentes (Brussels) | In a week´s time we will know the results of the European elections, the road map of the EU in a delicate moment of great fragmentation. To think in the classical left-right divide is a mistake. What matters is playing out in a cross bordering way: those that believe in Europe, although they question it in many areas, versus those who seek fewer concessions and more returns, more power for the sovereign states, even though they receive European funds.
Knowledge Wharton via Fair Observer | China is the world’s biggest market for electric vehicles — and conditions are ripe for a shakeout.
Ana Fuentes | Spain and the US are the only developed countries which are going to grow more than 2% in 2019 according to the IMF. On the case of Spain, exports, which were driving the country’s growth, have weakened, but domestic demand has grown. The risk premium is just below 100 basis points, compared to Italy’s 250 b.p. But beyond the data, the analysis is currently conditioned by the effect of the electoral campaign.
Ana Fuentes | It was seen coming: with low participation in the General Assembly of Shareholders, the restructuring plan chosen for the company was that proposed by LetterOne, controlled by Mikhail Fridman and backed by Goldman Sachs, which owns 29.01% of the Group.
Ana Fuentes | Funds´ volume of cash has reduced considerably in February and Europe is the region that has most benefited from asset allocation. A report by BofA Securities indicates that just in February $11.8bn has entered European equity markets. “All the ideas are put in the price”, explains Oscar Anaya, head of institutional sales at Tradition Securities and Futures Spain, “In one sense it is normal, but we are rather left in no man´s territory”.
Ana Fuentes (Strasbourg) | Where should the EU look in the future? What are the priorities? At a time of rapid change, protectionism and nationalist populism, the European Parliament has approved a document of minimums called The Future of Europe. As inevitably happens in such plural institutions, it is neither binding nor completely satisfies anyone, but sets out the challenges the still 28 members have to confront together if the European project is not to diluted. We discuss it with Ramón Jáuregui, socialist MEP and rapporteur of the text.
Ana Fuentes | A special rapporteur from the UN visited Spain to “collect first hand information on the situation of minorities in the country, identify good practice and key areas which need improvement”. Why he chose the fourth economy in the Eurozone after Bostwana and Slovenia is a mystery.
Ana Fuentes | “The European project is suffering an identity crisis” affirms Josep Piqué, former Spain’s Foreign Minister who now sits on the boards of Abengoa and Seat. “If Europe loses solidarity, it disappears as a political subject. We are at this crossroads. We don´t lack ideas, we lack the leadership and political capacity to implement them.
Ana Fuentes (Strasbourg) | Member of the European Parliament from the S&D group, Miroslav Poche is also the rapporteur for the energy file, which is supposed to help reduce bills for Europeans. We spoke about targets, investment and why the emissions market does not seem to be working.