Spanish economy

RajoyMas21

Madrid-Barcelona doors still wide open

Something happened Friday September 28. Catalonia sold €2 billion in bonds and Spain’s Treasury minister announced that the regions rescue fund is now open for business to provide capital aid to Barcelona. The central government has a strong case to deactivate the Catalan conflict while reassuring markets with a restructuring plan of the state’s administration.


3395

The Spanish donkey

Managing director at Re-Define, Sony Kapoor is a former investment banker and adviser to governments and international organizations. Kapoor argues that, unless Brussels change course, Spain will end up split between austerity and banking losses.




No Picture

It’s the Catalan economy, stupid!

While national identity tensions belong to an ongoing debate, the fiscal irritation that Catalonia feels can be easily soothed. Madrid must offer a fairer treatment to a region whose economic output sets the best hopes for Spain to exit the crisis.


kxjc

Madrid must rethink this bad bank

MADRID | This doesn’t work as a safety net for the Spanish banking sector to recover from its current weaknesses. It would amount to a neat, direct mechanism for entities to cash their toxic loans at the taxpayer’s expense. But Madrid is still in time to amend its bad bank, advises economist JP Marín Arrese.


Ibiza Spain Beach

Nothing wrong with tourism

When you hear tourism in Spain, you may imagine local mayors receiving bribes from developers to re-qualify a piece of natural landscape that will be lost for ever. Think again. It is a strong, diverse and worth-a-fight industry.



No Picture

Telefónica Ventures starts investing in Spain joined by La Caixa

MADRID | Telefónica Ventures and Caixa Capital TIC, a specialised digital technology fund of La Caixa, announced Tuesday its first investment. The joint platform will inject €3 million in addFleet, a company specialised in intelligent systems for transportation. The investment in addFleet is the first by Telefónica Ventures in Spain after having completed similar operations in other international technology companies such as Quantenna, Joyent and Boku. Telefónica and La Caixa said the plan is to promote the…