The contagion clock is ticking over Cyprus crisis
MADRID | By Antonio Sánchez-Gijón, capitalmadrid.com | This so-called “best solution” brings a huge question marked attached to it: how secure are bank deposits in Italy, France or Spain?
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Europe’s moment of truth
BRUSSELS | By Ann Mettler | The worst response to the Italian elections would be not to speak the truth, to cave in to the idea that somehow “austerity” is to blame for the current woes, that once again breaking the rules of the Stability and Growth Pact would somehow improve the situation.
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”
Has the ECB really done its best to fight the eurocrisis?
MADRID | By J.L.M. Campuzano | Fitch’s decision to downgrade Italian debt from A – to BBB + last Friday didn’t come as a big surprise. Nor did the negative outlook. However, it does pose a warning about the fundamental problems of this country and of the rest of the eurozone, where authorities and investors are currently showing a disturbing complacency/conviction in a better future.
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.
Spain among top 5 world’s tourism industries
GENEVA | France fell four places from third in 2011 to seventh, while Spain climbed to fourth from eighth.
The unbelievable creditless recovery
Five years into the most global financial crisis, with continued economic recession and growing unemployment, should the Eurogroup consider a change of course in its meeting today?
UK Corp feasts in Spain
MADRID | By A. Laso D’Lom | According to official ICEX data about foreign investment, British gross investments in Spain in 2011 rose by 341 percent comparing to 2010 to €6.6 billion and reached the top place in the list of global investment in Spain.
Iberdrola sells wind energy division in Poland after Energa-PGE agreement
MADRID | The company sells its 75% stake in Iberdrola Renewables Polska, a holding which groups its wind power plants in Poland, as part of its divestment plans to be completed by 2015.
Italians vote: vaffanc*lo!
By Marcus Nunes, economist and author | If you followed the results of the Italian general election, you would probably be wondering: what will happen to the “growing investor confidence” the European Commission was talking about?