Spanish tariff deficit “no longer a source of concern for investors”

Besides, utilities companies have received authorization to sell the rights of recovery of this deficit to third parties. This should put an end to the long period of uncertainty in the sector. However, there are some doubts regarding the possibility that income won’t fully cover the costs over 2014.

Experts at Santander believe that the problem of the Spanish tariff deficit is “not a source of concern for investors anymore, because the regulatory framework should maintain the balance between income and cost, with scope for a reasonable margin of error.”


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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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