A fair ending for Alfredo Sáenz
MADRID | By Carlos Díaz Güell | In the coming weeks we’ll see if the banking career of Alfredo Sáenz, probably Spain’s best bank manager during democracy, with Emilio Botín’s permission, is finished or not.
Interviews
Telefonica’s Julio Linares: “Spain has regained 50pc of productivity”
MADRID | By revistaconsejeros.com | “Which positive signs? Well, for instance, in 2009 and 2011 our exports grew a 36% what constitutes a biggest percentage than that of Germany, Italy or France.”
“Germany fears Italy, France would relax budget cuts if ECB intervenes markets”
MADRID | By Fernando Barciela | An interview with Afi CEO Ángel Bergés: “The International Monetary Fund estimates that the Spanish premium risk is up to 200 basis points higher than it should be merely due to euro zone problems.”
Klaus Hafemann: “Spanish debt interests are 3% of GDP, much lower than in 1996”
Klaus Hafemann, director of the Cologne Institute for Economic Research: “Almost no German likes the idea that the ECB could expand its monetary-policy mandate to actively finance states. But sometimes you have to do things you do not like.”
“If Merkel lets Greece go, she’ll lose all credibility” says RLAM’s Neil Wilkinson
“I have to admit that I’m not an expert of internal politics within Spain. However, I’ve been led to believe that it is a very remote possibility to think that Catalonia could actually go independent from Spain,” says the lead portfolio manager of the £470-million Royal London European Growth fund, Neil Wilkinson.
Meliá Hotels CEO Gabriel Escarrer: “We must eliminate over-taxation, over-regulation to improve competitiveness”
By Fernando Barciela | “Thinking that we should choose between austerity and recovery is a frivolity. Laxer countries that generated huge deficits must restore balance but that should not mean suffocating them.”
Berthold Huber: “We need a democratically elected European government”
“From 2010 till now German industry has made great business and has recorded excellent benefits. Many companies thought this was going to go on forever. It is not.” The words of Berthold Huber, president of the powerful IMF union.
Shiller: “No one can prove that growth plummets when debt is over 90% of GDP”
WASHINGTON | Why certain numbers are linked to certain goals? Is it a healthy trend to understand the current crisis? Economist Robert Shiller wondered in an interview with The Corner about debt bubbles, bank bailouts and the disturbing lack of lobbying for ordinary people.
James Robinson: “All European countries bear some responsibility”
WASHINGTON. “If there’s a debt, someone had to lend and someone had to borrow,” said in a conversation with The Corner James Robinson, former White House chief of staff and Harvard professor. Time to review the north-south narrative of the euro zone.
Forget goalfing, start tweeting
To become an interesting CEO you can prove to be a rare wine specialist, go fishing or pepper witty comments about Merkel and the Eurocrisis. But do you tweet? Only 20 CEOs out of Fortune 500 companies do. And according to a McKinsey Global Institute (MGI) report called The social economy: Unlocking value and productivity through social technologies that is the best strategy. MGI has found out that 72 percent…