MADRID | By Tania Suárez | Daniel Álvarez is analyst at XTB. In a conversation with The Corner, he forecast a “positive scenario” in which “the Spanish risk premium may go even below 250 basis points before the end of the year.” Also, he claimed, “if Europe does its homework, the eurozone markets will become a very good investment opportunity.”
The gradual recovery in price competitiveness of the countries on the periphery and particularly their restrained domestic demand have boosted the correction of the euro area’s current account imbalances. However, there’s still a long way to go.
Presseurop.eu | With every serious crisis we feel sorry for young people who cannot find work, calling them a “lost generation”. Well, there have been many such generations in history and they always succeeded in the end, writes Jędrzej Bielecki.
The levels of unemployment registered by the Spanish labour market worry the whole of the eurozone, which is eager to see positive signs after Madrid implemented budget cut programmes and reforms. BNP Paribas said job creation is coming and will be quick.
BARCELONA | By CaixaBank analysts | The euro area’s current account balance rises to 79.44 billion euros. It is to be expected further improvements in the surplus in 2013, albeit gradually becoming smaller.
The experiences of past financial and real estate crises suggest the most efficient market restructurings are achieved through fresh equity and debt-restructurings rather than selling debt at steep discounts to face value.
MADRID | By Ricardo Cantalapiedra | capitalmadrid | A significant body of proof suggests the disasters in the sector were caused not by the institutions itself, but by their executive members. The Bank of Spain will be charged with supervisory powers.
José María Notari, markets analyst, is optimistic about Apple. Although the company seems to be losing territory to competitors, which like Samsung get stronger by the day, Apple is still a winner.
Austerity and free market regulations have created a band of loyal followers: The Precarious. And they are threatening the jewel European civilization, social security, argues Belgian writer Geert Van Istandael.
Justin Dargin | Global carbon trading could potentially be the most effective economic tool to regulate industrial Co2 emissions in the fight against climate change.