Europe

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“Our debt is owed to each other, Europe’s fundamentals still are sound”

The chairman of Telefónica César Alierta defended at the opening of the Latibex Forum the strength of the European economy. Here is an extract from the Cinco Días chronicle of the event, with some interesting statements made by Mr Alerta. “César Alierta, chairman of Telefónica, said that the Spanish operator is the largest investor in Latin America, adding that this year it will invest more than €5 billion. Mr Alierta…


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Where there’s innovation, there’s hope

LONDON | Just how does innovation relate to the economy, and what does it mean that US and European firms hold all positions at the Top 10 list? The 100 leading innovative firms added more than 400,000 new jobs in 2010 over 2009, three percent more than the prior year and greater than the percentage increase in growth experienced by the S&P 500 for the same period, a comparison of market…