Interviews

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Theatrical Cameron shocks no one

By Julia Pastor, in Madrid | The British prime minister, David Cameron, warned during the last few days that he would not accept the reform of the European treaties if the assumed modifications harmed his country’s interests. As it couldn’t be otherwise, he kept his promise. Cameron said on Friday that “it was a difficult decision to make, but the right one. What was proposed is not in accordance with…


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“EU public debt rate is lower than in the US or Japan”

MADRID | If there is something we all can agree on is that there is too much debt worldwide. We can also agree on the fact that it is the developed countries that are suffer this high level of debt, after more than ten years of excesses. This is the opinion of Jose Luis Martínez Campuzano, chief strategist at Citi inSpain, who has expressed his views for Consenso del Mercado. “When…



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CER: “creditor core euro countries shouldn’t be absolved”

By Julia Pastor, in Madrid | British pro-Europe think tank Centre for European Reform (CER) has published a study in which they assure that the debt crisis is not only the peripheral countries’ fault, the so called Club Med, but also a consequence of core countries’s, such as Germany, economic practices. The essay by experts Simon Tilford and Philip Whyte, is entlited  “Why stricter rules threaten the eurozone.” “The interpretation…



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“Our debt is owed to each other, Europe’s fundamentals still are sound”

The chairman of Telefónica César Alierta defended at the opening of the Latibex Forum the strength of the European economy. Here is an extract from the Cinco Días chronicle of the event, with some interesting statements made by Mr Alerta. “César Alierta, chairman of Telefónica, said that the Spanish operator is the largest investor in Latin America, adding that this year it will invest more than €5 billion. Mr Alierta…


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Has Ana Botín conquered the City?

The business daily Cinco Dias today devotes an article to Santander UK’s CEO Ana Patricia Botín: the difficulties she faces, as well as the achievements and the respect she has earned in the City since she arrived to London a year ago with the intention of turning Santander UK into the most profitable entity in the United Kingdom, and ultimately after her father decides to retire, her taking over the largest bank…


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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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Murdoch: the actual scandal

By Antonio Arroyo, in Madrid | All around the world, rivers of ink on the Rupert Murdoch affair continue to flow, but what most articles keep on ignoring is what may prove to be the hot potato of Mr Murdoch’s problems as the public opinion is not aware of ​​the corporate network that allows the magnate to circumvent –legally, of course– the tax charge that would be due according to…