The Corner | June 28, 2015 | Seven years after the crisis, and after a widespread restructuring process, Spanish banks still need to achieve a sustainable business model, the country’s central bank governor said.
BRUSSELS | June 26, 2015 | By Jacobo de Regoyos | Along with other EU state members, Spain called for a eurozone-level budget for emergency rescues, and issue debt in the form of eurobonds. Álvaro Nadal, Director of the Economic Affairs Office of the Spanish Prime Minister explained it for The Corner. This is the first part of the interview.
The Corner | June 15, 2015 | Spain’s yield spread soared as Greece talks have stalemated in recent weeks. The country’s 10-year bond yield rose 12 basis points to 2.37 percent at 11:21 a.m. London time.
MADRID | June 11, 2015 | By Francisco López | The appointment of Spanish Economy Minister Luis de Guindos as president of the Eurogroup was a sure bet until the Dutch finance minister and current Eurogroup chief said he will stand for the post again. Possibly affected by this bad news, Mr De Guindos made a very unfortunate intervention about the Spanish banking sector’s restructuring.
MADRID | May 22, 2015 | By Francisco López | The Spanish economy is beating new records mainly thanks to external factors. According to the latest data, exports of goods totalled €23.2 billion in March, the best monthly figure since 1971. The euro price fall has been crucial.
MADRID | May 18, 2015 | By Francisco López | The Spanish economy does not shake off the Brussels’ yoke even when is leading the growth of the eurozone. The European Commission is still placing us in the group of the European countries with the most serious economic imbalances.
MADRID | May 12, 2015 | By Fernando G. Urbaneja | The show of confidence belies an economic weakness: half of Spain’s debt is in the hands of foreign investors. After the uncertainties leading up to the summer of 2012, they are once again stocking up their portfolios with Spanish securities.
MADRID | May 11, 2015 | By Fernando G. Urbaneja | During the crisis, the Spanish state committed over € 50 billion to the country’s banks. Up to now it has recovered € 4 billion.
MADRID | May 9, 2015 | By Fernando G. Urbaneja | Spanish banks are still the central pillar of the Spanish stock market: seven lenders account for nearly 40 percent of the IBEX-35 index.
MADRID | May 6, 2015 | By Francisco López | Spanish banks first quarter results have been very good in terms of earnings, but a closer look at their recurrent business is not so positive. The seven banks listed on the Ibex 35 index earned € 1,677 million in the first three months of the year, up 32% from a year earlier.