Evacuation: British trapped in Spain
Interviews
Emilio Botín says he’s not convinced about the Spanish ‘bad bank’ solution
Fog in the Square Mile, continent’s credit cut off
Theatrical Cameron shocks no one
By Julia Pastor, in Madrid | The British prime minister, David Cameron, warned during the last few days that he would not accept the reform of the European treaties if the assumed modifications harmed his country’s interests. As it couldn’t be otherwise, he kept his promise. Cameron said on Friday that “it was a difficult decision to make, but the right one. What was proposed is not in accordance with…
“EU public debt rate is lower than in the US or Japan”
MADRID | If there is something we all can agree on is that there is too much debt worldwide. We can also agree on the fact that it is the developed countries that are suffer this high level of debt, after more than ten years of excesses. This is the opinion of Jose Luis Martínez Campuzano, chief strategist at Citi inSpain, who has expressed his views for Consenso del Mercado. “When…
European Monetary Union members better learn from Algemesí’s Muixeranga
CER: “creditor core euro countries shouldn’t be absolved”
By Julia Pastor, in Madrid | British pro-Europe think tank Centre for European Reform (CER) has published a study in which they assure that the debt crisis is not only the peripheral countries’ fault, the so called Club Med, but also a consequence of core countries’s, such as Germany, economic practices. The essay by experts Simon Tilford and Philip Whyte, is entlited “Why stricter rules threaten the eurozone.” “The interpretation…
Mariano Rajoy should listen to why David Cameron won’t join the euro
“Our debt is owed to each other, Europe’s fundamentals still are sound”
The chairman of Telefónica César Alierta defended at the opening of the Latibex Forum the strength of the European economy. Here is an extract from the Cinco Días chronicle of the event, with some interesting statements made by Mr Alerta. “César Alierta, chairman of Telefónica, said that the Spanish operator is the largest investor in Latin America, adding that this year it will invest more than €5 billion. Mr Alierta…
Has Ana Botín conquered the City?
The business daily Cinco Dias today devotes an article to Santander UK’s CEO Ana Patricia Botín: the difficulties she faces, as well as the achievements and the respect she has earned in the City since she arrived to London a year ago with the intention of turning Santander UK into the most profitable entity in the United Kingdom, and ultimately after her father decides to retire, her taking over the largest bank…