Monday’s chart: hopeful about the Ibex
During the rest of the year, the Ibex should improve its performance against the SMC, according to BNP Paribas broker.
spanish economy
When will the crisis in Spain come to an end?
MADRID | Two German economic heavyweights are stirring the debate about the Spanish recovery: IFO President Hans-Werner Sinn, who recently said that “Spain will suffer 10 more years of crisis and an internal devaluation of 30%”, and Bundesbank Chairman’s, who thinks the crisis will last five more years. Both of them were as clear and firm as Germans usually are when speaking about Southern Europe.
Spanish economy’s net financing reaches 14-year high
Spanish economy’s agents have prioritised the reduction of their debt burden, and businesses’ savings have increased by 6.1 percent.