Fitch says Spanish covered bonds unaffected by residual claims
LONDON | Fitch expects that the sector’s restructuring efforts fuel the higher level of consolidation seen since the reforms started last year.
Spanish economy
Spain’s largest corporations feel optimistic: “we are a land of opportunities”
MADRID | Spain has proven that it can make economic adjustments and it is competitive, laying the groundwork for foreign direct investment (FDI) confidence to remain upbeat on the country’s economic prospects.
2013 profitable for Spanish banks
By Javier Niederleytners, professor at the Institute for Stock Exchange Studies IEB | Market pressure right now has relaxed over the country’s public debt and it seems to be a good moment to sell part of their bond holdings to cancel ECB loans.
The triumph of Spain’s welfare state
BARCELONA | By CaixaBank analysts | Both for the population as a whole and in particular for the child population, basic needs are relatively well covered in Spain.
Brussels tackles Spanish football clubs’ fiscal game
MADRID | Making them pay will prove difficult. Speaking to Hispanidad.com, tax lawyer Eduardo Cardona said most clubs have no assets to be seized.
When will the crisis in Spain come to an end?
MADRID | Two German economic heavyweights are stirring the debate about the Spanish recovery: IFO President Hans-Werner Sinn, who recently said that “Spain will suffer 10 more years of crisis and an internal devaluation of 30%”, and Bundesbank Chairman’s, who thinks the crisis will last five more years. Both of them were as clear and firm as Germans usually are when speaking about Southern Europe.
Soledad Pellón, analyst at IG Markets: “Spain is right to avoid Greece-like bailouts”
MADRID | By Julia Pastor | Soledad Pellón, analyst at IG Markets: “Spain is now in better conditions to start the recovery”
Political instability weighs on Spain’s agenda
MADRID | The Spanish government has suddenly disappeared from Europe’s scene. In the midst of a deep recession it crosses fingers hoping the German general elections’ aftermath might break the current deadlock on financial mutualisation and help to reconstitute the Southern front.
A tale of two Budgets in Spain
MADRID | The most effective cuts were delivered by sheer lack of money as regional and local authorities faced a disruptive lock-out in the credit market.
Spain’s bankers will get the same bonuses despite Brussels rules
MADRID | by Eduardo Segovia (El Confidencial) | Spanish big bankers are relieved despite the Ecofin intentions of limiting bonuses: since their wages do not exceed the new limits, they won’t be reduced next year.