Did you know that at O2, 20% of the workforce is under the age of 25? Ann Pickering, human relations head at Telefónica UK, sees a generation with the necessary skills to pull the British economy out of recession. Her view may even be applicable to the rest of the European Union.
China’s economic relation with Africa is forcing the EU to rethink its strategy towards the continent.
MADRID | Ferrovial Agroman, a construction subsidiary of Ferrovial, has already built 175 km of toll roads in the Irish island. In Northern Ireland, it has completed the region’s largest motorway project, the DBFO2.
The ECB reduced official interest rates by 0.25%, but the interest rate spread for loans to firms and households has widened. Credit conditions vary from one country to another in the euro area. The European governments have to fulfil their duties if the euro is to stabilise.
Spanish DIA, a low-cost food distributor, expands into household and personal care market in Spain and Portugal, where the company sees growth prospects in spite of current economic environment.
It will not look good for the political party in office in Madrid, analyst at Self Bank Victoria Torre told Julia Pastor, but requiring a rescue is only a matter of when. And the Spanish government wouldn’t be the only one to blame.
STRASBOURG| A message to the European Parliament from Enrique Calvet: what you wish for can harm credit card customers with higher fees. Calvet is member of the Consultative Commission on Industrial Change at the European Economic and Social Committee.
JLM Campuzano, analyst at Citigroup, treads through some of the figures in the Spanish general budget for next year. He finds effort, risk, savings, some uncertainties and a lot of unavoidable pain.
The euro area’s current balanced reached a 0.5% surplus of GDP in the second quarter of 2012. The correction in peripheral economies should be taken note of, CaixaBank analysts highlight.
Did you know non-resident tourist spending grew by 8.9 percent in July year on year? Analyst at Barclays Spain Alberto Vigil collected today some positive data the Bank of Spain released in its latest bulletin.