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"Spain" tag
why-portugal-matters-marketexpress-in

Why Portugal Matters?

Many observers continue to tout Italian risks as the greatest in the euro area into the year end. The constitutional referendum that would emasculate the Senate, and end the perfect bicameralism that has contributed to...

spain-banks-politics-portugal-marketexpress-in

Three Developments in Spain

With Brexit, the pressure on Italian banks, and the surge and then sell-off in the yen, Spain may have been pushed off some investors’ radar screens. There are three important developments to note. The first...

deflation

Are Central Banks Exaggerating Deflation Risks?

Deflation is portrayed as the great economic scourge. It exacerbates debt servicing costs and encourages consumers to defer purchases. Central banks in Japan and Europe have responded with aggressive, unorthodox measures, often combining asset purchase...

spain unemployment drops marketexpress-in

Unemployment drops in Spain for fifth straight month

Latest government figures show that jobless numbers are steadily dropping in Spain. But the country still has the second highest unemployment rate in the eurozone – behind Greece. The Spanish Labor Ministry said on Thursday...

Time to change Spain & Middle East-MarketExpress-in

Time for a change

Spain woke up to the surprise of King Juan Carlos abdication recently, after his almost 40 years in power and a number of corruption scandals over the last few years. His son Felipe seems to...

Spain eases austerity as 2014 budget banks on recovery

Spain’s government has presented its most pain-free budget in many years, banking on a nascent economic recovery gathering steam in 2014. Nevertheless, Prime Minister Rajoy still needs to dole out some bitter pills. Based on...

‘Healthy’ Mediterranean diet nosedives in Italy as modern life takes over

Italians are admired for their healthy Mediterranean diet, but the pressures of modern society mean many are changing their ways. Yet studies show the benefits of eating à la Mediterranean. The Mediterranean diet has for...

Spain unemployment falls steeply as tourism booms

The Spanish government has said unemployment in the crisis-stricken southern European nation has gone down markedly over the past four weeks. The main reason was a strong tourist season. The number of officially registered job...

germany-spain-greeks-labour-jobs-marketexpress-in

Spaniards, Greeks flock to Germany for work

The crisis in the EU’s southern periphery led to a spike in the number of Spaniards and Greeks seeking jobs in Germany last year. But the influx has been no problem for the labor market,...

Spain’s Iberia announces massive job cuts

Spanish airline Iberia is bracing for layoffs affecting thousands of workers. The carrier, which is part of the International Airlines Group (IAG), has been logging heavy losses over the past nine months. Spanish carrier Iberia...

Spanish ‘bad bank’ to be public-private entity

Spain’s Economy Minister Luis de Guindos has told parliament that the ownership of the “bad bank” being set up to absorb sour Spanish estate assets will be split 55- to-45 between private investors and the...

Spain’s stricken banks need more than 50 billion euros

Spain’s banks need to be recapitalized to the tune of more than 50 billion euros, according to an independent report released on Friday. As high as this figure may sound, it has led to a...