Report by Julia Pastor, in Madrid | FCC has obtained €178 million in the first nine months of 2011, which means a 6,9% less than in in the same period of 2010, according to a Friday’s company press release. Nevertheless, FCC’s internationalisation process, with a growing income from foreign markets of almost 9,9% reaching €4.309 billion, represents a milestone in FCC’s 100 years history: for the first time, income coming…
Report by Julia Pastor, in Madrid| The news of the day in all European media is the Franco-German proposal to create a hard core Europe, which would consist only of the countries able to maintain fiscal discipline. The new euro zone would consist of nine countries, including Spain. The response of the European Commission, through its president Durao Barroso, was clear: “A divided union with an integrated core and disconnected…
Report by Julia Pastor, in Madrid| The news of the day in all European media is the Franco-German proposal to create a hard core Europe, which would consist only of the countries able to maintain fiscal discipline. The new euro zone would consist of nine countries, including Spain. The response of the European Commission, through its president Durao Barroso, was clear: “A divided union with an integrated core and disconnected…
MADRID | Tourism in Spain has overcome the crisis and is experiencing its fourth best year. The sector is expected to close with 57 million foreign tourists and an 8% increase in spending. Its revenues now exceed the €1.5bn obtained in 2010: 14% more than in 2007 and 2008. Secretary general of domestic trade and tourism, Joan Mesquida, said in an interview with Europe Press: “We are quite far from the…
By Jacobo de Regoyos, in Brussels | The financial roulette russe has become a variable-geometry argument that serves both to justify an intergovernmental Europe and a federal Europe at the same time. Among the latter, we’d find most of EU officials, especially the president of the European Commission Durao Barroso, who believes that the EU must complete its monetary union with a real economic union. Yet, Barroso opposes the Franco-German…
Il Sole 24 Ore “We are at the center of the world's storm, but we can quickly recover. Italy today needs international credibility; it needs people who know the language of markets and of States and who know how to speak to Countries of the euro area but also to Switzerland, the United Kingdom and Obama's United States as well as to the “new rich” countries of the world, starting…
Il Sole 24 Ore “We are at the center of the world's storm, but we can quickly recover. Italy today needs international credibility; it needs people who know the language of markets and of States and who know how to speak to Countries of the euro area but also to Switzerland, the United Kingdom and Obama's United States as well as to the “new rich” countries of the world, starting…
