Manuel Enrich

“Funds, insurance companies, and pension plans account for barely 6% of the shareholding of Spanish listed companies”

Manuel Enrich, chairman of AERI (Spanish Association for Investor Relations), maintains that “the Spanish stock market has only been at all-time highs for a few months; I believe it remains undervalued.” Are we facing a solid cycle for the Spanish stock market? The Spanish stock market is highly correlated with the major international indices, which is simultaneously a strength and a vulnerability. Based on valuations, the cycle strikes me as…

Read More

Crédito y CauciónCrédito y Caución
Lagarde Rojo

ECB raises rates from 2% to 2.25%, first increase in three years, in response to energy crisis

Reported by Consejeros Editorial Team Three years on, the European Central Bank (ECB) has decided to raise key interest rates by 25 basis points, from 2% to 2.25%. The decision is based primarily on the consequences of the conflict in the Middle East and the closure of the Strait of Hormuz. “The ECB’s rise in official interest rates came against a backdrop of stagflation. The move was also intended to…

Read More

Banner CIR, junio 2022

iran eeuu

US and Iran reach agreement to be ratified on 19 June, allowing Strait of Hormuz to be reopened

Report by Renta 4 And finally came the announcement of the US-Iran agreement (not yet signed), leading to an upward opening on European markets (Eurostoxx futures up 1.7%, S&P futures up 1.3%, Nasdaq futures up 1.9%) and gains in Asia (Japan’s Nikkei and South Korea’s Kospi up 5%), with Asian emerging markets (the Philippines, Indonesia) leading the gains as they had suffered the most due to their dependence on energy…

Read More

interviews

Amadeus CEO Luis Maroto Headshot 2026 copia

“We are one of Europe’s leading R&D investors: €1.45 billion last year”

Luis Maroto is the CEO of Amadeus, which has just announced the acquisition of Idemia Public Security—for €1.2 billion—to strengthen its biometrics, security, and airport management business. Maroto explains that “alongside biometrics, digital identity is transforming how travelers move throughout their journey. Today, travelers are asked to prove their identity at almost every step: flight check-in, baggage drop, security, immigration, boarding, car rentals, hotel check-in… With digital identity, a traveller…

Read More


IreneHernandez copia

“Fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe”

Irene Hernández, coordinating advisor of Ence, and advisor of Elecnor and Saint Croix explains that “In Spain and in the European Union, there are times when we are regulating too much and putting brakes on economic growth… fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe. We are not in a position to…

Read More



…in the last week