After one of the worst sell-off days in weeks and talking about the “European problem”, some brokers find in Spain reasons for hope: “I think there is some reason for optimism with respect of Europe. Spain is an example. They are taking the hard steps. They are going to have an election in November that will likely make the conservative candidate the new Prime Minister of Spain and they will…
Spain’s best-seller financial daily Expansión reflected on Friday how adamant the country’s banking authorities are to clear the air after the Financial Times named seven entities among a European selection of 16, all of which apparently were in extremely urgent need to raise tier 1 capital. “The British newspaper FT yesterday published, quoting a senior French official, that the European Union is to push for critical re-capitalisation of 16 banks and…
Spain’s best-seller financial daily Expansión reflected on Friday how adamant the country’s banking authorities are to clear the air after the Financial Times named seven entities among a European selection of 16, all of which apparently were in extremely urgent need to raise tier 1 capital. “The British newspaper FT yesterday published, quoting a senior French official, that the European Union is to push for critical re-capitalisation of 16 banks and…