MADRID | By Fernando Barciela |Â We live in an interconnected world, and a disunited Europe would be far worse equipped to influence and expand its market. As mighty as it appears, Germany would be but a little country isolated in the world.
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Build Up Skills Spain: Can the EU help the construction sector?
MADRID | By Ignacio Mulas at CapitalMadrid | How to fix the most battered sector in Spain by the economic crisis? Construction has lost around 18% jobs in one year. A new European project called Build Up Skills Spain tries to shed some light and recommends public investment to upgrade workers into energy efficiency and rehabilitation. Because that’s the only hope.
Spanish banks capital ratio better than Germany’s
MADRID |By José Luis Marco at CapitalMadrid | Germany or the Troika, that for some already begins to be the same thing, may have their doubts about the level of funding of the Spanish banks and the process of consolidating their balance sheets. However, according to objective data, German main private banks capital ratios are far below those of Spanish leading financial groups.
Let’s free the EU from corruption
ROME | via presseurop.eu |Â The EU is becoming a corrupt church where Germany rules by a dogmatic economic orthodoxy. Politics must take back control with a protestant schism coming from grass-roots initiatives, argues Italian La Repubblica.
Francois Hollande must be braver
By Skip Worden | In trying to have it both ways—an economic regime and a political union—Hollande was being political at the expense of his own proposal.
Robert Skidelsky: “Can we afford the economy to deteriorate even further?”
WASHINGTON | By Pablo Pardo | Robert Skidelsky: “There are technical economists in finance that had told us again and again that 2008-like ‘accidents’ were simply impossible. What connections do they have to the investment industry?”
Spain’s economic growth will come, but from where?
MADRID |Â By Carlos DÃaz Guell |Â The future of Spain’s economic growth is uncertain, especially since the crisis has proved that many industries only worked when fueled by subsidies. Exports seem to be the country’s only hope and politicians are too busy fighting to make productivity, R&D investment or education a priority.
Thursday’s chart: progress in Ibex 35 company deleverage
Analysts believe Ibex 30 companies will press further ahead to increase deleverage, no matter how much risk premiums deflate.
If not the single contract, what then?
VALENCIA | By Cruz Sierra, editor at valenciaplaza.com | One thing is sure: the solution is not to be found in the current complex, over-bureaucratic contract system, or among those privileged classes who enjoy prerogatives that the public system cannot afford.
China’s emerging cities
BEIJING | By Iris Mir | China turns into a urban nation. A transformation that entails a dramatic achievement and a challenge without precedents in the world. As cities become better places to live they become more expensive too, to the extent that people can’t afford the luxury of inhabiting these mega-cities. Without a fairer model, which fosters job creation and an equal access to resources, urbanization risks  undermining the country’s transition towards domestic consumption.
