Sao Paulo €389-million contract goes to Spain’s CAF
MADRID | This new project reinforces the global strategy of the company, with a backlog at the first quarter end of this year amounting to €4.87 billion, with more than 85% exports.
Spain
Guide to support the Spanish domestic demand
BARCELONA | By CaixaBank research team | Factors to revive private consumption and corporate investment in a Spanish economy gearing towards recovery.
Why has the IMF changed its modeling of Spain’s economy?
WASHINGTON | By Pablo Pardo | There is a silver line: Spain is reducing the fiscal consolidation’s impact on its economic growth.
The German pessimism about Spain and Angela Merkel’s tips
MADRID | By Luis Alcaide via Capitalmadrid | A German economist recently questioned the role of Spanish exports to balance the country’s deficit, ignoring statistical facts. His pessimistic attitude shows an exaggerated interpretation of austerity. Meanwhile Angela Merkel is calling for patience and avoiding political responsibility in the construction of a fiscal and economic union.
Spanish Treasury pockets bond market bonanza
BARCELONA | By CaixaBank Research team | In the first five months of the year, the Spanish Treasury’s bond issuance rate has beaten the records of the last few years.
Tuesday’s Eurozone chart: peripherals on recovery path, Germany contracts
LONDON/MADRID | Financial analysts in Madrid noted today the positive surprise of a recovery tendency among Eurozone peripheral economies, particularly those of Italy and Spain.
A short step for Spain’s current account deficit to become a surplus
MADRID | By Julia Pastor | Spain’s current account deficit dropped by 76.5% between January and April of 2013 compared to previous year’s last four months. The Spanish economy could close the present year with a long expected surplus as well as some 0.9% financing capacity per GDP.
The lesson Spanish exports teach
MADRID | By Luis Alcaide | Having now the evidence of how Spain is successfully expanding its exports, the IMF should be able to tell what are competitive businesses from the onerous legacy of over-privileged labour practices that take place in some institutions.
Spanish GOWEX launches service in Brazil ahead of 2014 FIFA World Cup
MADRID | GOWEX and Oi bilateral agreement allows users to benefit from their thousands of Wi-Fi points worldwide. Entering Brazil, a key country for GOWEX, is part of the company’s growth strategy of operating in 300 of the world’s major cities. Brazil is a great showcase for Wi-Fi due to the 2014 FIFA World Cup and 2016 Olympic Games venue.
Spanish banks covered €16 billion of failed smaller entities’ bill
SANTANDER | By A. Laso | Spanish banks association’s president is optimistic about weak entities paying back future help packages after they are restructured into the private sector.