Real estate investment in the Eurozone increased by 6pc
Despite the continued uncertainty in the Eurozone, total real estate investment volumes grew in 2012 with €118bn invested, up from €112 recorded in 2011.
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Italian government says andiamo, Europa!
MADRID | By Antonio Sánchez-Gijón (Capital Madrid) | What is on stake for the new Italian government? The country is living in a contradiction: on one hand it has debt and risk premium under control, but on the other it is struggling with a deep economic crisis. Moody’s has corrected its 2013 GDP forecast set so far at -1%, and has placed it at -1.8%.
CMI acquires 40pc of Telefonica assets in Central America in $500-million deal
MADRID | Telefónica to keep control of operations in El Salvador, Guatemala, Nicaragua, and Panama, which will be merged into a joint venture.
Telefonica to open its largest data centre in Madrid
MADRID | The new centre will operate as Telefónica’s cloud services base for Europe and will house platforms for customers in Spain, the United Kingdom, Germany and the Czech Republic.
AfD, We Gotta Sink the Euro!
MADRID | By Luis Martí | AfD is in a destructive mood. They are not interested in salvaging what Europe has managed to build. Their objective is rather to pull down existing structures while looking to the past for inspiration, namely to national currencies.
Southern eurozone countries should follow Germany’s trail
By George Dorgan, financial consultant at SFC | Instead of complaining against the European Central Bank, peripheral countries of the eurozone should pay more attention at how Germany has succeed.
“The eurozone must find economic growth without State aid”
MADRID | By Tania Suárez | Director of financial analysis at Profim EAFI, Jose Maria Luna Morales, argues that austerity measures in the euro zone were “necessary” but adds that “some privileges of many public institutions can still be reduced”. He also notes that although “Europe still may suffer months of stagnation”, that does not imply “a long period of stagnation'” for the EZ as a whole.
Banco Santander turns page with Javier Marín as new CEO
MADRID | Santander’s asset management and private banking director Javier Marín Romano (Madrid, 1966) is now CEO of the Spanish bank.
The EU ideal and the euro
SOFIA | By Ivan Krastev | Amnesia, recession, the failure of political elites, divided societies… The free and caring Europe that was the dream of oppressed peoples no longer exists, it is just that European leaders lack the courage to admit it, says a Bulgarian political analyst.
Investors appetite for Spanish economy: will it last?
MADRID | By David Fernández | Foreign investors are showing a sudden interest in assets made in Spain due to, among others, central bank’s last data, Europe’s decision to delay the deficit commitment by two years and international factors such as second-round monetary helicopter launched by the Bank of Japan. Will this trend vanish?