BARCELONA | By CaixaBank research team | Some EU countries have a current account surplus that is larger than the one allowed by the European Commission and, if not corrected, they might finally be asked to take measures to boost domestic demand.
BARCELONA | By Oriol Aspachs and Joan Daniel Pina, at CaixaBank research department | To date it is the German Chancellor, Angela Merkel, who has set the pace of Europe’s construction. Without purporting to be a great leader, Germany is fulfilling this role.
LONDON | By Victor Jimenez | “The improvement in the PMIs suggest the Eurozone economy should exit recession in the third quarter of this year. But the recovery is likely to remain uneven.”
MADRID | By José Hervás, via capitalmadrid.com | If the ECB doubts about some countries’ institutions, the central bank must say so. But analysts and market players aren’t the right judges of European monetary policies.
LONDON | By Victor Jimenez | A less credible Troika will spark even more investor distrust and bomb the one piece in the euro jigsaw that brings market confidence.
MADRID | By JP Marín Arrese | Serving the public is a life-long profession that should never get stranded in the pitfall traps of money.
ATHENS | The eurozone and the IMF decided on 8 July to hand Athens a new tranche of aid in exchange for the sacking of 15,000 civil servants. If they want to lose the support of the population for the necessary reform of public services, that’s the best way to go about it, says Panos Panagiotopoulos.
MADRID | The construction of a Latin front that could counterbalance a few powerful neighbours to the north, led by Germany, is too simple a solution to the crisis and encourages the nationalism of old Europe, writes Javier Cercas.
BARCELONA | By CaixaBank Research team | In the first five months of the year, the Spanish Treasury’s bond issuance rate has beaten the records of the last few years.
LONDON/MADRID | Financial analysts in Madrid noted today the positive surprise of a recovery tendency among Eurozone peripheral economies, particularly those of Italy and Spain.