The free trade-accord opportunity for Europe
Roderick Parkes| If the free trade agreement between the US and Europe remains so appealing, it’s because nobody has actually shown that the EU could flourish without it.
Markets
Watch for the Spanish graphene revolution
By David Pérez | Four Spanish companies lead the European production of graphene. The growth potential of a market that today is valued at some $9 million is extraordinary.
Gaesco’s Gonzalo de Orovio: “The Spanish risk premium could stabilise below 250bp”
MADRID | By Tania Suárez | Financial agent at GVC Gaesco, Gonzalo de Orovio spoke to thecorner.eu about central banks and why a strong euro may damage some economies in the eurozone but sends a good vibe to the markets.
Now that bankers’ bonuses have been tamed, let’s tackle tax evasion
By Ernst Stetter, secretary general at Feps | After the decision of the financial transaction tax and now the cap of the bonuses we are a step closer to the matter that the financial markets have to serve the people and not that the people should serve the markets.
“The Italian elections may have brought uncertainty, but not risk”
MADRID | Peter Garnry, analyst at Saxo Bank: “The true irony of this story is that these political voids, as now in Italy, have often generated periods of economic calm and even growth.”
China keeps exceeding expectations
By CaixaBank analysts | China exceeds expectations with 7.9% growth in GDP year-on-year in the fourth quarter of 2012. Indicators confirm that Chinese exports picked up again in December.
And there we go again: Eurocrisis is back, say Wall Street media
They didn’t even wait 24 hours. Right after the first doubts on the Italian election results arose, Wall Street’s favorite media started claiming that the euro drama was back and austerity does not win votes.
Did Moody’s downgrade Chancellor Osborne?
LONDON | The two possible responses from Chancellor George Osborne and Prime Minister David Cameron are well known: they could either use again the eurozone card as a scapegoat, or face the UK rating downgrade.
Monetary expansion is proving useless in the US
Banks in the US replicate the behaviour of their European colleagues: credit is being stacked in risk-free deposits with the Federal Reserve instead of flowing into the economy.
“Now it’s time the European Central Bank showed how independent it is”
MADRID | By Tania Suárez | Profim EAFI’s head of financial analysis José María Luna said in an interview for consensodelmercado.com that the ECB should cut interest rates the sooner the better.