Top Stories

Articles by The Corner

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
Global debt

In Spain 8th January 2025

Spain to issue debt amounting to €278.000 million in 2025, 7.4% increase on 2024, new debt to total €60.000 million

For 2025, the Treasury plans to issue €60.000 million of net debt, which is 9% more than the €55.000 million in 2024. The increase, as assured by the Minister of Economy, Carlos Cuerpo, after the Council of Ministers, aims to “provide sufficient flexibility to respond to the disaster of the DANA” and to assist “for as long as necessary to those affected.”In gross terms, this year the Treasury will need…

se alquila

Spanish economy 7th January 2025

INE publishes indicator limiting rise in rents for first time: 2.2% for 2025

Bankinter | The National Statistics Institute (INE) has published for the first time the indicator that limits the rise in rents. It places it at 2.2% for 2025, below inflation, which reached 2.8% year-on-year in December (preliminary), and the underlying rate (2.6%). The index is defined as the minimum value between: (i) year-on-year change in the CPI; (ii) year-on-year change in the core CPI; and (iii) a third variable incorporating…

airbus A320

In Europe 7th January 2025

Airbus makes 757 deliveries in 2024, seven fewer than planned, and could reach 820 units in 2025

Morgan Stanley | According to the latest Cirium data, Airbus delivered 114 aircraft in December (up 36% month-on-month), bringing total 2024 deliveries to 757 (versus 770 guidance and 750 consensus estimates) and reflecting a clear improvement in execution and operational visibility heading into year-end. Therefore, with 2024 delivery risks already behind us, Ross Law (analyst) expects the market to shift its focus to 2025 and beyond. In fact, he believes…

Montero

In Spain 7th January 2025

Treasury raises nine taxes this year

The government’s refusal to deflate the income tax rate has allowed Spain to close the year 2024 with a record tax collection, close to €300 billion. This does not prevent the government from proposing new tax increases in 2025. Some have already come into effect on January 1. Others will do so in the coming months:– Corporate Tax: Multinational companies with a turnover of more than €750 million will pay…

mercado europeo bonos

European economy, In Europe 3rd January 2025

M3 monetary aggregate rebounds 3.8% year-on-year in November, accelerating from 3.4%

Link Securities | The ECB reported yesterday that the monetary aggregate M3 rebounded 3.8% year-on-year in November, accelerating the pace of growth from 3.4% in the previous month and exceeding the 3.5% increase expected by FactSet consensus analysts. The ECB also reported that bank lending to households in the Eurozone rose 0.9% year-on-year in November, accelerating from 0.8% in the previous month. November’s is the fastest pace of growth in…

ence 2

Spanish economy 3rd January 2025

Ence updates decarbonisation plan and raises absolute emissions reduction target to 75% by 2035

Alphavalue / Divacons | The paper and energy group has updated its Decarbonisation Plan by increasing the level of reduction of Scope 1 and 2 emissions by 2035, setting targets for 2030 as an intermediate milestone and also incorporating targets to reduce indirect Scope 3 emissions. Specifically, the company, based on the 2018 financial year, increases the level of ambition of the target set for 2035 from a group-wide reduction…

edreams avion

In Spain 3rd January 2025

Ibex Medium Cap starts 2025 strong: the case of Edreams

Renta 4 : The Spanish selective medium cap index closed December very close to the annual highs recorded at 15300 points in May, when it forcefully broke the downward trend from the highs of 2015. The index is on the verge of starting the year giving bullish continuity to the previous trend, with no resistance above 15200 points up to the highs of 2015 at 17200 points, 12.6% higher. An…

Garanti BBVA

In Europe 3rd January 2025

Garanti BBVA Kripto selects Bit2Me as execution centre for its clients’ cryptocurrencies in Turkey

Alphavalue/DIVACONS | Bit2Me has been selected by BBVA Group’s (BBVA) Garanti BBVA Kripto as its execution venue for its clients’ cryptocurrency buy and sell orders in Turkey, the digital asset firm said on Thursday. “This strategic collaboration represents an important milestone in the adoption of cryptocurrencies in one of the world’s most dynamic markets,” Bit2Me noted. BBVA: Buy, Target Price €14.2/share.

China Fabrica2TC

In the World 3rd January 2025

China’s Caixin manufacturing PMI breaks two-month upward streak and slips to 50.5 from 51.5

Bankinter: Caixin Manufacturing PMI (December): 50.5 vs. 51.7 expected vs. 51.5 previous. The PMI breaks the two-month upward streak and falls more than expected. Fears of new tariffs on Chinese imports when Trump takes office on 20 January dampen purchasing executives’ expectations. The data is in line with the official Manufacturing PMI which was released three days ago with a reading of 50.1. Despite both slowing, President Xi Jinping recently…