Markets

PRESENTING: The Worst Housing Market In The World

[credit provider=”CNN” url=”http://www.youtube.com/watch?v=7K3JLA1h-ww”] There remains debate over whether America’s housing market has truly bottomed, but it’s certainly not as bad as it was during and immediately after the recession.The same cannot be said for Spain.  
PRESENTING: The Worst Housing Market In The World
Markets

Everything You Need To Know About The Catalan Secession Movement That’s Throwing Spain Into A New Crisis

[credit provider=”flickr / convergenciaiunio” url=”http://www.flickr.com/photos/convergenciaiunio/5054437096/”] While Spanish voters descend on Madrid in massive protest gatherings, another major headache for the Spanish government is in the works: a secession movement in Spain’s most economically critical region, Catalonia.Catalonia, Spain’s largest region by output, accounting for 18.7 per cent of Spain’s total GDP, […]
Everything You Need To Know About The Catalan Secession Movement That’s Throwing Spain Into A New Crisis
Markets

REPORT: The EU Is Working On A ‘Proto-Programme’ To Convince Spain To Request A Bailout

[credit provider=”Wikimedia commons” url=”http://commons.wikimedia.org/wiki/File:Rajoy_Jornadas_Para_Mejorar_tu_Vida.jpg”] The eurozone is engaged in a standoff with the Spanish government at the moment – the ECB has already unveiled its plan to drive down Spanish borrowing costs, but Spain refuses to ask for help (an absolutely necessary precursor).The reason is simple: Spanish prime minister Mariano […]
REPORT: The EU Is Working On A ‘Proto-Programme’ To Convince Spain To Request A Bailout
Markets

All Of Europe Is Waiting For Spain To Request A Bailout — Here’s Why It Could Be A Long Time

[credit provider=”Wikimedia commons” url=”http://upload.wikimedia.org/wikipedia/commons/thumb/f/f6/Mariano_Rajoy_Catalunya.jpg/500px-Mariano_Rajoy_Catalunya.jpg”] For the ECB European rescue plan to be put into action, a country needs to request an outside bailout. Then after that happens, and the country has outside supervision, and a plan to reform finances, the ECB will buy unlimited amounts of short-term debt keeping yields […]
All Of Europe Is Waiting For Spain To Request A Bailout — Here’s Why It Could Be A Long Time
Markets

BofA: The Spanish Bailout Won’t Work Without Strict Conditions

[credit provider=”Wikimedia Commons”] Bank of America Merrill Lynch’s European economics group led by Ruben Segura-Cayuela weighed in this afternoon on the Spanish bailout.“We have argued that for a program to recap banks to be successful it needs to come with large conditionality,” they wrote.
BofA: The Spanish Bailout Won’t Work Without Strict Conditions
News

Sarkozy Is The Best-Known But Least-Liked European Leader, Says New Poll

[credit provider=”AP/Remy de la Mauviniere”] French President Nicolas Sarkozy may have the support of European leaders, but he isn’t as popular with European citizens, a new poll has found.BVA Opinion conducted an online poll for 20 Minutes, a French newspaper in France, Spain, Germany, the UK, and Italy, and found […]
Sarkozy Is The Best-Known But Least-Liked European Leader, Says New Poll
News

INTERVIEW: Can Alfredo Perez Rubalcaba Lead Spain Out Of Economic Disaster?

[credit provider=”AP”] Spanish ruling party candidate Alfredo Pérez Rubalcaba ignores opinion polls which suggest he lost a recent debate. Rubalcaba says that he did well in the face-to-face with opposition leader Mariano Rajoy because it allowed him to articulate his points, unveil things his opponent has been hiding and show that […]
INTERVIEW: Can Alfredo Perez Rubalcaba Lead Spain Out Of Economic Disaster?