MADRID | By Julia Pastor | Spain, according to Schaüble, is a good example of homework done. Germany’s Economy Minister praised labor costs reduction, export rate increase and all the effort the Spaniards have done in reorganizing their financial sector, even after the Troika’s review.
BARCELONA | By CaixaBank Research | Owning a residence is the most usual way for households to accumulate wealth. Consequently, in those countries where a higher proportion of households own their own home, net wealth is higher.
It seems like the million-dollar question: what if the ECB stopped sitting on its hands, change its monetary policy and pump some cash into the suffering euro peripheral countries? George Mason University Economics professor Tyler Cowen wonders about the consequences in his blog Marginal Revolution.
LONDON | By Dr Simon Usherwood | Cameron needs to be able to show that a British agenda of market-based integration has traction in the EU and that he is ‘winning the argument’. He’s being ‘tough’ policy helps little.
MADRID | By Ignacio Mulas at CapitalMadrid | How to fix the most battered sector in Spain by the economic crisis? Construction has lost around 18% jobs in one year. A new European project called Build Up Skills Spain tries to shed some light and recommends public investment to upgrade workers into energy efficiency and rehabilitation. Because that’s the only hope.
ROME | via presseurop.eu | The EU is becoming a corrupt church where Germany rules by a dogmatic economic orthodoxy. Politics must take back control with a protestant schism coming from grass-roots initiatives, argues Italian La Repubblica.
By Skip Worden | In trying to have it both ways—an economic regime and a political union—Hollande was being political at the expense of his own proposal.
MADRID | By Carlos Díaz Guell | The future of Spain’s economic growth is uncertain, especially since the crisis has proved that many industries only worked when fueled by subsidies. Exports seem to be the country’s only hope and politicians are too busy fighting to make productivity, R&D investment or education a priority.
VALENCIA | By Cruz Sierra, editor at valenciaplaza.com | One thing is sure: the solution is not to be found in the current complex, over-bureaucratic contract system, or among those privileged classes who enjoy prerogatives that the public system cannot afford.
LONDON | By Victor Jimenez | Considering the recent turmoil in the Eurozone, it is unsurprising that intermediaries are concerned about overall global economic health.