MADRID | By Antonio Sánchez-Gijón, capitalmadrid.com | François Hollande’s presidency has made little progress in convincing Berlin that the Eurozone will not recover if it has to implement further budget cuts.
BRUSSELS | By Alesio Pissano | Once upon a time the EU was a global leader in fighting climate change. In the last few years it has played a pivotal role in tackling CO2 emissions and boosting the green economy world wide. But, how is the economic crises affecting the EU’s green path?
VALENCIA | By Laura Garsando, Mètode magazine | Lorenzo Sanchis works at UMDO (Unit of Optoelectronic Materials and Devices) of the Institute for Materials Science (University of Valencia) and has coordinated the research group that developed the first acoustic invisibility cloak that works on three-dimensional objects.
By Anoop Singh | Spending differently and more efficiently can go a long way. In several Asian emerging economies and low-income countries, subsidies—which are often a distortion and not well targeted to the poor—take up a higher share of total government expenditure than in peers in other regions.
MADRID | Net income during the first quarter of 2013 rose 1.6% to 631 million euros. These earnings, at current cost of supply, are especially significant as the year-earlier quarter included earnings from YPF.
VALENCIA | María Costa at Valencia Plaza | Publicity has been hit by the crisis, but at least online advertising is expected to perform better than the others. Economist and communication expert Jesús Vallejo, is the head of Valencia advertising agency Havas Media Levante. They have bet on the digital sector, although the first quarter of 2013 it went 5% down compared to the same period of 2012. Mr Vallejo explains why the Internet can bring some hope to advertising in Spain.
PARIS | Le Monde, via Presseurop.eu | In granting extra time to Madrid and Paris to clean up their public accounts, Brussels has shown good sense. This is in contrast to the rigid position it had adopted until now, which dragged the EU executive into a fool’s game with wayward member states.
MADRID | Telefónica invested 1,941 million euros in the first quarter of the year, including the acquisition of spectrum in the United Kingdom and Uruguay. 82% of the total investment was in growth areas, specifically 3G, 4G and fibre networks.
By Alex Biddle | Generalised austerity doesn’t work. Austerity politics is being driven by the fear of inflation, which is not the underlying problem to the current economy.
MADRID | By Antonio Sánchez-Gijón at CapitalMadrid | On May 9 the European Union will deliver Charlemagne Prize to Lithuania’s President Dalia Grybauskaite. The idea is not to reward her as a former EC Commissioner, but as the person who embodies the success of three small countries of Northern Europe out of their deep economic crisis in two years. While the populations of the Mediterranean Europe and France are raised in arms against austerity policies imposed from Brussels and Frankfurt to exit the stagnation and save the euro, two European Baltic nations are looking forward to joining the common currency.