MADRID | The Corner | The purchase of large swathes of Spanish land by US hedge fund Lone Star is further compelling evidence that the Spanish property market is staging a recovery. This investment signifies that the improvement in the market will soon be seen in the residential sector, having previously been confined to the retails and commercial markets.
MADRID| Sean Duffy | Judge´s ruling piles pressure on former executives of Bankia, including former IMF Managing Director Rodrigo Rato.
MADRID | The Corner | EU posts marginal growth stats, but the figures are indicative of slow pace of recovery.
MADRID | Sean Duffy | Yesterday brought positive data on the housing front and on job creation, with Spanish bank BBVA prediciting the economy will reap considerable benefits from the falling oil price.
MADRID| Sean Duffy| Spain has been trying to enhance the business climate for entrepreneurs, but experts say that more needs to be done to spur growth in vital sector of the economy.
Iris Mir | China aims to recover the ancient Silk Road to create an unprecedented trade link between Asia and Europe. Least developed Chinese provinces would also benefit largely from the ‘one belt, one road’ project as Beijing will need to invest greatly in infrastructure and high-speed railways. Local governments see the project as a golden opportunity to revive stagnating growth.
MADRID | The Corner | F1 pilot Fernando Alonso and Santander bank deceased chairman Emilio Botín, both great ambassadors of the Spain brand, are among the 4,000 Spaniards helped by HSBC to evade taxes. As online newspaper El Confidencial revealed, an estimated €1.8 billion ($2.8 billion) was concealed by Spanish citizens in Swiss bank accounts between 2006 and 2007.
MADRID | Sean Duffy | The sale of 49% of Spanish airport group will be in focus from 12 onwards today.
MADRID | Sean Duffy | Third time may be a charm for Spanish group as IPO belatedly goes ahead on Wednesday.
By Marios Zachariadis via MacroPolis | At first glance, the potentially catastrophic consequences of Grexit on the rest of the Eurozone provide the Greek government with an important bargaining chip. However, the Greek government should take into consideration that Grexit is not the only possible alternative in case an agreement with the rest of the EZ cannot be reached soon.