Spanish Prime Minister Mariano Rajoy would rather talk about the economy
MADRID | By capitalmadrid.com | Rajoy deliberately shifted the spotlight from the Barcenas corruption case towards an optimistic view of the country’s future.
Spain
Springwater acquires Indra’s Spanish digital document business
MADRID | The Swiss risk capital firm has named the recently acquired company from Indra as Delion Communications, which it expects to be consolidated as an industry leader.
“The Spanish society is biased against reforms, but we need to go further”
MADRID | By Fernando Barciela | Alvaro Cuervo is director at CUNEF University and board member of BME and ACS: “In the US, everybody understood that the housing sector had fallen, but in Spain there is the belief that the economic cycle will turn the page by itself.”
It’s the communication, people!
VALENCIA | By XTB analyst Miguel Rodríguez | The word is communication, one of the saddest failures of European politicians in general, who should take note of the Federal Reserve governor Ben Bernanke’s skills.
Spanish banking system’s forthcoming woes
MADRID | By JP Marín Arrese | The Bank of Spain tough line on refinancing is likely to force extra new provisioning. Especially in entities where that practice was developed with little precautionary measures.
PM Rajoy will appear before Parliament
MADRID | By JP Marín Arrese | Even if the Socialist Party is bound to fail as the ruling party holds a comfortable majority, it could expose Mr Rajoy to a damaging debate. He should overcome his inner reluctance to tell his truth on this scandal, going to Parliament on his own.
The soundness of Spain’s recovery
BARCELONA | By CaixaBank research team | The key lies in persevering with competitiveness and encouraging firms in the largest possible number of sectors to start exporting.
“Bankia now has a unique, healthy balance sheet that gives us an edge”
MADRID | By Luis Alcaide | Álvaro Rengifo, board director at Bankia, said in a interview with The Corner that Spanish banks were ahead of their European counterparts in acknowledging the weaknesses in their balance sheets.
IMF lowers pressure on Spanish banks
MADRID | By José Luis Marco, via capitalmadrid.com | The IMF in its latest paper about the banking industry in Spain admits some points could be excessive and damage the economic recovery of the country.
The economics of corruption
MADRID | By JP Marín Arrese | Serving the public is a life-long profession that should never get stranded in the pitfall traps of money.