Markets

Spain house prices1

Spain’s real estate sector: details matter

By CaixaBank research department | The adjustment taking place in real estate supply and demand is not trivial, particularly in such a heterogeneous and fragmented market as housing that is also subject to significant regulatory changes. However, a detailed analysis reveals that the sector’s adjustment is now closer to the end.


CCP

Will China’s new faces face reality?

Iris Mir | Beyond who will be leading the country, there’s still a pending issue: How will they rule it. If prosperity have been attained, as numbers show, why not embracing political reform?, wonders Iris Mir.



rumours

The Spanish rescue can wait

Madrid has many reasons to remain cautious on the merits of embarking itself on a no-return ticket to euro-assistance. It doesn’t know for sure the price to pay and the concrete benefits to be reaped.





No Picture

The European Central Bank temporarily relieves tension

The prime ministers of France and Portugal announce further adjustments for 2013, as Spain did before. But, analysts at CaixaBank note, the lack of detail isn’t encouraging for investors or other euro zone partners, despite the support the ECB promises.



Spain banks

Brussels poised to axe Spanish ailing banks

MADRID | For all the efforts they undertake to reinforce their solvency and profitability, troubled banks are not likely to survive unless they merge into solid groups. But economist JP Marín Arrese wonders if public money to maintain them artificially alive should not be entitled to a better use.