PARIS | Calling on the expertise of the IMF helped save the euro at the height of the crisis. However, the personal involvement of the head of the ECB and the creation of specific financial tools have now made recourse to the Washington-based institution unnecessary, says economist Stéphane Cossé.
MADRID | By Luis Arroyo | The economic cycle goes up and down. But after a terrible crash as the one we have suffered, following a crazy boom, amid staggering losses of capital and jobs, you would be deluded to believe that the economy will fix itself.
BARCELONA | By Enric Fernandez | Both institutions and culture have a lot of inertia. There is no doubt, however, that this is much more the case with culture. Implementing a cultural change is surely impossible in the short term.
MADRID | By José Hervás | European commissioners and top officials can receive up to 70% of their salary when they retire, which in most cases translate into more than €10,000 per month.
PARIS | By Gregoire Fleurot, via Presseurope.eu | To overcome the crisis, many European countries are thinking about cutting back on paid holidays. A tempting idea, but one that could prove counter-productive.
MADRID | By Fernando Barciela | Fracisco Javier Cremades, board member at Ezentis and chairman of the minority shareholders association AEMEC: “We are against the idea of quotas. Good governance is not feminist or non-feminist or egalitarian or anything.”
MADRID | By Carlos Díaz Guell | A factor to bear in mind is that in the most successful exporting sectors, foreign investment punches high and has become vital to the economy and the Spain brand.
By Ignasi Meda, via One Europe | Rethinking the EU “democratic deficit”: Can we start now building a better and more credible Europe through the rapprochement between North and South?
MADRID | By José S. Mendoza, via capitalmadrid.com | “The staggering unemployment in Spain we have suffered will now be reversed and we can expect our economy to begin its recovery.”
MADRID | By Luis Arroyo | To really tackle the state of our economies, Brussels should admit that most countries cannot repay their debts with the current German anti-crisis plans.