The reduction in tail risks eases periphery sovereign debt crisis
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.
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.
Over the last month, unemployment in Catalonia grew by 2.19%, while a year ago, in October 2011, it grew by 2.43%.
Japan is slowing down and faces a second half of 2012 with weak activity, CaixaBank research shows. The fact that the nuclear switch-off will increase the cost of energy imports doesn’t help.
The capital requirements of each institution have now been published, but non-performing loans continue to increase sharply. Nevertheless, CaixaBank analysts indicate, the fall in deposits of firms and households is partly due to issuances of commercial paper with more attractive, higher returns.
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.
Japan has lost exports steam. Its current account surplus has fallen from 20.7 trillion yen to 4.4 trillion yen in five years since 2007.