Spaniards richer than Germans? A Bundesbank tale
MADRID | by Luis Martí | Almost twice as many Spaniards as Germans own their home and look therefore, richer. But they are not.
Spain
Spanish banks cut again ECB loan addiction
The Spanish banks’ correction in February was 5.2 percentage points higher than the average in the eurozone.
Soledad Pellón, analyst at IG Markets: “Spain is right to avoid Greece-like bailouts”
MADRID | By Julia Pastor | Soledad Pellón, analyst at IG Markets: “Spain is now in better conditions to start the recovery”
Political instability weighs on Spain’s agenda
MADRID | The Spanish government has suddenly disappeared from Europe’s scene. In the midst of a deep recession it crosses fingers hoping the German general elections’ aftermath might break the current deadlock on financial mutualisation and help to reconstitute the Southern front.
Spain among top 5 world’s tourism industries
GENEVA | France fell four places from third in 2011 to seventh, while Spain climbed to fourth from eighth.
Gaesco’s Gonzalo de Orovio: “The Spanish risk premium could stabilise below 250bp”
MADRID | By Tania Suárez | Financial agent at GVC Gaesco, Gonzalo de Orovio spoke to thecorner.eu about central banks and why a strong euro may damage some economies in the eurozone but sends a good vibe to the markets.
UK Corp feasts in Spain
MADRID | By A. Laso D’Lom | According to official ICEX data about foreign investment, British gross investments in Spain in 2011 rose by 341 percent comparing to 2010 to €6.6 billion and reached the top place in the list of global investment in Spain.
Iberia strike’s crazy sudoku
MADRID | By Carlos Díaz Güell | Some say the first step to solve a problem is to know what is it about. Although when it comes to Iberia, that has been having problems for more than two decades, it is not that simple. The once flagship Spanish airline had been denying its difficulties and its fundamentals rotted. Something that will be remembered in the history of aviation.
A fair ending for Alfredo Sáenz
MADRID | By Carlos Díaz Güell | In the coming weeks we’ll see if the banking career of Alfredo Sáenz, probably Spain’s best bank manager during democracy, with Emilio Botín’s permission, is finished or not.
In wind power, Spain keeps the EU silver medal
Spain installed 1,122 new megawatt (MW) wind power in 2012, 6.8% more than the 1,050 MW of the previous year, totaling 22.796 MW, which makes it the second European county in wind power, behind Germany, with 31.308 MW.