Search Results for ten lost months

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Ignore our digital natives at your peril

Did you know that at O2, 20% of the workforce is under the age of 25? Ann Pickering, human relations head at Telefónica UK, sees a generation with the necessary skills to pull the British economy out of recession. Her view may even be applicable to the rest of the European Union.



By CaixaBank research team, in Madrid | According to the Spanish Royal Academy, «rescatar» or bail out in Spanish is to release from danger, harm, trouble or oppression. Given the misgivings that the outcome of the Greek elections might lead to the country leaving the euro, something that would have hindered the considerable financing needs of Spain and Italy over the coming months, the Eurogroup welcomed the Spanish request and…

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“I expect a bad surprise for Italy during next fall or winter”

By Tania Suárez, in Madrid | Hanseatic Brokerhouse's director general in Spain, Gabriel Montalto, said in a conversation with The Corner that international investors have lost trust over Italy and Spain. Also, he considers that both countries will have to publicly accept the reality of the situation if they want to win back the confidence of markets. Question. Apart from the approval of the national parliaments, are there any other…


Sabadell bank’s Jaume Guardiola: “This is the first euro crisis, we’re learning”

MADRID | In a interview published by El País this weekend, Jaume Guardiola, Banco Sabadell’s CEO (which is the fifth Spanish bank in terms of assets) said he was very optimistic about the country’s financial system and its economy as a whole. Despite the crisis that besieges Spain’s banking sector, he noted the industry will become smaller and more professional. He also thinks that the Spanish economy is showing “unequivocal”…


Obama is waiting anxiously for the jobs’ boost

NEW YORK | U.S. investors are looking forward to this Thursday’s jobless claims figures after the pretty lame monthly jobs report last week. Wall Street needs a sweetener, otherwise investors will keep on the sidelines of the stockmarkets. Only a better than expected (366,000 new jobless claims) figure could boost U.S. market and economical confidence. Indeed, last Friday’s report was shocking: America is creating employment almost at the same rate…


The euro claims another victim: the UK

LONDON | Already in the mood to dismiss 2012 as a lost year for the UK economy? Analysts in the City of London waived as a non-event the preliminary GDP estimate of this year’s first quarter, released Wednesday by the office of national statistics, which showed that the British economy had contracted by -0.2%. The negative figure added up to a -0.3% fall in the economy in the final three months…

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Easter read (4) | Two years digging an empty grave for the euro

Many economists and the Anglo-Saxon financial gurus have been killing the euro month after month since early 2010. But, even if their doomsday predictions have miserably failed so far, their negative influence over the markets can not be neglected. By Fernando Barciela, in Madrid | PART 3 | Some banks, especially in the UK, were not far behind the panic wave and at that time announced that they had intensified their contingency plans before the more than probable failure of the euro. After…