Today Europe moves softly softly on Ukraine (BBC)
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Euelections

EURO ELECTIONS: Germany will win, no matter what -but does it care?

News in Europe

BERLIN | By Alberto Lozano | The upcoming EU elections (May 22-25) arrive in a moment of enormous challenges for the Union. What happens in the next months can change definitely the political and economic landscape. Again, Germany plays the main role with its 67 million of voters and the two ‘frontrunners’ supported by the two big parties from the German Coalition. However, 72% of its citizens have low or no interest in the polls.

What's Going On in Spain

World economy

SOE reform in China needs examples more than policies

BEIJING | By Caixin | A breakthrough can only happen when central SOEs inChina – not just their subsidiaries – welcome private investment.

World economy

Getting a job in Wal-Mart is twice more difficult than being admitted at Harvard

WASHINGTON | By Pablo Pardo | It is twice easier getting a minimum wage job with no benefits at Wal-Mart than being admitted as an undergrad to Harvard. The comparison shows how extreme is the labor market in the US for non-educated workers, and also that, in today’s world, getting a first-class education can be easier than a third-class job. 

wal-mart-food-drive
News in Europe

Oh boy! ECB’s balance sheet is disappearing!

MADRID | By Tania Suárez | While more voices within the ECB are asking for more unconventional monetary measures, the IMF has recently urged the European institution to “expand its balance sheet.” And yet the central banks’ balance sheet hasn’t stopped shrinking: -30% in the last months, down to €2.16 billion.

ECB balance sheet
News in Europe

“Spain will repeat its success as tourist destination in 2014”

FRANKFURT | By Lidia Conde | Co-manager at Europe’s leading travel group TUI Oliver Dörschuck considers that “Spain is by far the most important tourist destination for TUI and its clients.” However, for him what matters most today is not the destination, but the hotel, which has to bring the best experience to the client.

TUI tourist destination Spain
News in Europe

Spain: Optimism, ma non troppo

BARCELONA | By Joan Tapia | Optimism over Spanish recovery should be refined. The so much discussed but effective economic management of Spain’s government is not well transferred to political confidence. As citizens place their political confidence at 29.5 points against 29.9 points of trust in the economy,  businessmen have gone in terms of political confidence from a poor 2.16 to another poor 2.33.

News in Europe

Are Spanish media betting on King Juan Carlos again?

OP-ED By Julia Pastor | Spaniards disaffection with monarchy sank to lowest levels in 2013 after several embarrassments and corruption scandals affecting the Royal Family. But as King Juan Carlos wraps up his 6th visit to UAE on Wednesday, Spanish media of all political signs are sticking to his diplomatic role. The monarch is seeking to open doors for Spanish infrastructure companies. Only Abu Dhabi’s subway is to raise €8 bn.

king juan carlos
Financial markets

Today’s market chatter in Spain

MADRID | By Jaime Santisteban | Market makers are highlighting the enhanced capital flux in the Eurozone prompted by the QE prospects while Germany Zew Index displayed a slight drop in the business confidence in April. Besides, analysts agree that China’s economic slowdown and Ukraine are going to determine the market mood.

News in Europe

Euro pessimism is back on fashion

MADRID | J. P. Marín Arrese | Both the main economic institutions and think tanks cast a gloomy forecast on Europe. The IMF leads the way, advocating for swift action to revamp an ailing growth performance. Its blatant U-turn has drawn scarce criticism. Not so long ago, it endorsed hawkish views on the need to implement full-fledged austerity, no matter the cost, thus contributing to trigger the rotten conditions it now reviles.

 

europessimism
News in Europe

Who benefits from Greece’s return to the markets?

ATHENS |By Jens Bastian via Macropolis| The first Greek bond since 2010 was characterized by a particularly striking mismatch between the demand and supply side. More than 85 percent of those pension funds, private equity firms, asset managers and hedge funds – primarily from the US and the UK – who placed buy orders in the book-building process were left with portfolios devoid of Greek debt.What does this mismatch tell us? Clearly, this was not a coincidence. Rather, it speaks volumes of a well-orchestrated bond placement, where the sale volume was not the primary objective for the Greek Public Debt Management Agency.

Greece's return