1 million new jobs in Spain?
MADRID | Sean Duffy | Yesterday brought positive data on the housing front and on job creation, with Spanish bank BBVA prediciting the economy will reap considerable benefits from the falling oil price.
Spain
Aena ready for takeoff
MADRID | Sean Duffy | Third time may be a charm for Spanish group as IPO belatedly goes ahead on Wednesday.
Spanish banks: better numbers but return on equity still weak
MADRID | By Francisco López | Year 2014 was positive for Spanish banks (we haven’t seen Bankia and Liberbank results yet): they earned a total of 10 billion of euros, 27% more than in 2013. But ROE is still weaker.
Mixed news for Spanish economy
MADRID | The Corner | Spanish Industrial Production figures proved disappointing on Friday, with results revealing that the sector had fallen 0.3% month-on- month and 0.9% year-on- year. The figures will be of some concern to the Finance Ministry given that the economy has recorded seven consecutive months of negative inflation.
Greece and US payrolls likely to add pressure on European markets
MADRID | By Sean Duffy | Thursday brought some positive predictions on the Spanish economy from the European Commission, but buoyancy on European markets may be negated by data due from the US later today.
Greek odyssey to dominate the week ahead
MADRID | By Sean Duffy | Markets will be looking to how relations between the new Greek Government and European creditor nations play out in the week ahead. After a week of tense negotiations, the stakes are increasing all the time. Greek claims of insolvancy have irked its eurozone partners, but can all sides find a middle ground in the coming days?
Spanish banks improve after rough start to the week
MADRID | By Sean Duffy | Market fears about Greece eased somewhat on Thursday, with Spanish banks recovering the ground lost earlier in the week. Friday brings new data on unemployment and GDP which may bring further good news for the Spanish economy
Dollar appreciation benefits Spanish firms
MADRID | The Corner | The onset of QE by the ECB will have several consequences but one of the most important is the continued depreciation of the euro against other currencies. The significant appreciation of the dollar, the pound and the Brazilian real in recent months could be very positive for Spanish companies,” but it depends on how they are funded in these countries and whether the currency risk is covered,” said experts BekaFinance.
Brussels investment plan set to boost Spanish SME sector
MADRID | The Corner | Spain is to be one of the first beneficiaries of the European Commission´s Investment Plan for Europe, with €3.2Bn being allocated to the country to support the SME sector.
If Spain will lead the Eurozone in 2015 and 2016, what happened to the Spailout?
MADRID | The Corner | In spite of, or maybe, thanks to the so-called Spailout (2012), Spain is today one of Europe’s driving forces. The International Monetary Fund’s estimates on global economy point to the country as the outperformer of the Eurozone for the first time in six years. Its GDP would grow by 2% this year and 1.8% in 2016.