MADRID | By Antonio Sánchez-Gijón (Capital Madrid) | What is on stake for the new Italian government? The country is living in a contradiction: on one hand it has debt and risk premium under control, but on the other it is struggling with a deep economic crisis. Moody’s has corrected its 2013 GDP forecast set so far at -1%, and has placed it at -1.8%.
MADRID | The 6.2 million of unemployed is brutal, anomalous, and lacks explanatory references among countries with quite similar structures.
Risk agency Moody’s analysts said in an interview that the probabilities of Spain asking for a rescue are less pressing than previously thought.
MADRID | By Carlos Díaz Güell | In the coming weeks we’ll see if the banking career of Alfredo Sáenz, probably Spain’s best bank manager during democracy, with Emilio Botín’s permission, is finished or not.
By Miguel Ángel Rodríguez, analyst at XTB | For all the noise these scandals bring about, the pressure on Merkel should not abate. The eurozone needs that Germany relaxes its stand on public investment cuts, and efficient measures to deal with sovereign debt should be agreed by core country members.
BARCELONA | By CaixaBank analysts | Notable calm in the periphery’s sovereign debt crisis. Italy’s election and Spain’s budget figures will be the source of transitory turbulence.
After two decades of relative decline, decision makers in Tokyo need to tackle serious reforms to boost Japan’s economic system. This is the first part of a series published by The Fair Observer perusing the country’s economic challenges.
MADRID | Germany is taking advantage of other euro zone partner’s feebleness to impose its credo. It aims to firmly anchor the fiscal compact initiative it has so forcefully battled for.
BARCELONA | CaixaBank | The adjustment in employment during the crisis has been more intense in those countries with a real estate bubble. Leading indicators point to further job losses.
Rating agencies keep Spain’s credit rating at investment grade. The stability of the United States’ debt market, threatened by the fiscal cliff.