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Articles by Julia Pastor

About the Author

Julia Pastor
Julia Pastor has broad experience in business writing for Consejeros Media Group at Consejeros, Consenso del Mercado and The Corner. Previously, she worked for the financial news agency GBA and contributed to El País Business. She holds a Master's in Financial Journalism and a degree in English from the Complutense University in Madrid.
Prisa

Companies 27th December 2013

Prisa Group: Dismantling of Spain’s Top Media Giant Means End Of An Era

MADRID | By Julia Pastor | Prisa, the symbol of the transition from Franco’s dictatorship to democracy, was born in 1972 as a family-owned business but since the end of 2010, the major company’s owner is US hedge fund Liberty Acquisitions Holdings with a stake of 51%. Prisa has recently carried out a new capital increase and all signs suggest that it could start to disinvest some of its more precious assets with the aim of cutting its overwhelming debt to the minimum. Poor management decisions taken along the way? Many workers don’t hide their disappointment with the firm and say things will never be the same.

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In Europe 23rd December 2013

Spain banking sector, 4th in EU’s financial support; UK is first

MADRID | By Julia Pastor | The UK is the European country which has given more financial support to its banking sector with €82.000 millions since 2008, followed by Germany (€64.000 millions), Ireland with €63.000 and Spain with €60.000, according to an European Comission’s report.

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Spanish economy 11th December 2013

Will Spain’s risk premium let the government sleep at last?

MADRID| By Julia Pastor | Spain’s credit quality and solvency is increasingly improving. The country’s risk premium closed at 219 basis points on Tuesday to its lowest level since June of 2012, and under Italy’s. Also Spanish 10-years bonds neared 4% yield, more than double than the German ones. Public debt investors do not have much better options.

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Spanish economy 31st October 2013

Foreign Investment in Spain: Vulture Funds, Venture Capitals, and Billionaires Enjoying Cheap Prices

MADRID | By Julia Pastor | Banco Santander’s chairman Emilio Botín pointed it out a couple of weeks ago: “Everyone is interested in Spain to invest”. Meanwhile, Bill Gates bought 6% of the FCC. As if light had come to the Spanish economy, €20bn of foreign investment has flooded the country in the first eight months of 2013, doubling last year’s figures.