Articles by Victor Jimenez

About the Author

Victor Jimenez
London contributor at thecorner.eu, reporting about the City and the Eurozone economies. He regularly writes for Spanish newspaper group Prensa Ibérica--some of his features include shared work with journalists of The Daily Telegraph and the BBC.
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Euro sceptics, beware euro scepticism

As scepticisms go, the euro type of scepticism has often been a problematic movement in many European countries and particularly those on the Mediterranean shores. Instead of injecting a healthy dose of self-criticism and reality-check against ethereal principles under which most of the European Union’s administrative structures have grown accustomed to little public accountability, many euro sceptics hide ideological identities that would be hard to maintain on the surface of…


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Técnicas Reunidas, from Hungary to… Australia?

Spanish firm Técnicas Reunidas has been selected as prime contractor of the Százhalombatta’s CCGT (combined cycle gas turbine) power plant by MOL and CEZ Group joint venture MOL-CEZ Hungary Ltd. European Power. The agreement has been valued at €455mn. This will expand Técnicas Reunidas’ experience, which has already been tested in the power generation sector having taken part in power plant projects with capacities over 40GW. Madrid’s financial city has welcomed the…




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Now, who’d take advantage of Libya?

LONDON | Cheering the crude end that military dictator Muammar Gaddafi met on Wednesday, Libyans in the British capital gathered late in the evening outside the Libyan Embassy near Knightsbridge: they are not the only ones closely watching their freed country. The shots that made history in Misrata will soon open the race among European and US companies to land in Libya and begin doing business, too. Or to renew existing deals. Oil…


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Now, who'd take advantage of Libya?

LONDON | Cheering the crude end that military dictator Muammar Gaddafi met on Wednesday, Libyans in the British capital gathered late in the evening outside the Libyan Embassy near Knightsbridge: they are not the only ones closely watching their freed country. The shots that made history in Misrata will soon open the race among European and US companies to land in Libya and begin doing business, too. Or to renew existing deals. Oil…


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Santander’s chairman Emilio Botín: no to indiscriminate recapitalisation

We suspected that our readers might be interested in some of the remarks that Mr Botín made today during the IV International Banking Conference in Boadilla del Monte, so here you are a few highlights to discuss. On economic cycles: “This crisis reminds us of a number of things: cycles are not a thing of the past, liquidity is not always abundant and cheap and at times it can even disappear, financial…


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Santander's chairman Emilio Botín: no to indiscriminate recapitalisation

We suspected that our readers might be interested in some of the remarks that Mr Botín made today during the IV International Banking Conference in Boadilla del Monte, so here you are a few highlights to discuss. On economic cycles: “This crisis reminds us of a number of things: cycles are not a thing of the past, liquidity is not always abundant and cheap and at times it can even disappear, financial…


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Gracias, Standard&Poor’s…

President José Luis Rodriguez Zapatero received an unexpected gift a day after national celebrations had offered him the chance to claim Spain's singularity. Risk agency Standard&Poor's announced in Thursday's last minutes that it had downgraded the Spanish sovereign debt qualification to AA-, from AA. S&P's analysts enumerate a few reasons for their decision: “high unemployment, tighter financial conditions, the still high level of private sector debt, and the likely economic slowdown in…


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Gracias, Standard&Poor's…

President José Luis Rodriguez Zapatero received an unexpected gift a day after national celebrations had offered him the chance to claim Spain's singularity. Risk agency Standard&Poor's announced in Thursday's last minutes that it had downgraded the Spanish sovereign debt qualification to AA-, from AA. S&P's analysts enumerate a few reasons for their decision: “high unemployment, tighter financial conditions, the still high level of private sector debt, and the likely economic slowdown in…