Abengoa is considering selling the remaining 16.5% stake it holds in Atlantica Yield and some investment funds could be interested, press reports say.
The United Kingdom can no longer count on the unequivocal support of its allies and the country’s exit from the European Union is already taking a toll on its international clout.
Siemens Gamesa has won a new contract to install 125 wind turbines, with a total capacity of 262 MW, in the Gulf of Suez wind park in Egypt. It is the company’s biggest contract in the country to date.
Bolsas y Mercados (BME) has published a report giving details of stock market trading activity in December, as well as a figure for 2017 as a whole. Some €651.466 million were traded in equities during last year, in line with the amount negotiated in 2016.
Hispania has become the sole owner of Bay Hotels & Leisure by acquiring Grupo Barceló’s 19.5% of the company for an agreed price of 172,4 million euros, according to a statement filed by the socimi with the Spanish stock market regulator. Hispania is now the largest hotel owner in Spain.
Spain’s tourism industry has clocked up a new record. Funcas estimates that by year-end 81.5 million tourists will have visited the country, up 8.2% on 2016. Tourist spending will be around 87 billion euros, up 12% from a year earlier.
A. Dimadis and D. Avramopoulos | Dimitris Avramopoulos was meant to handle one of the biggest humanitarian challenges in the European Union’s history: the refugee crisis. Well-respected in EU circles, Avramopoulos assumed his tenure in the European Commission in a period while the union’s cohesion had been intensively tested by the refugee crisis and terrorist threat, with both issues raising questions about EU border protection.
Nick Ottens via Atlantic Sentinel | I believe that to shrink the culture gap in Western democracies — between generally well-educated “globalists” and those who feel left behind — we need a new social compact.
Greece has been let down on numerous occasions by its politicians and Tsipras has often criticised opposition parties for their role that led to the crisis in 2009 and its management subsequently. However, he must look back at those six months of 2015 and wonder what he was thinking.
Almost at the same time as the Catalan separatists tried to get the European Union on the side of its cause, the European authorities have had to deal with insurgency in Poland. The latter’s judicial reform put at the risk the division of powers and the judicial independence of a country in the region. While Spain had to implement article 155 of its Constitution in order to contain the crisis of authority which the secessionist attempt implied, the EU has had to press its own “nuclear button”, article 7 of the Treaty, to restrain Polish government.