The Bank of Spain has cautiously acknowledged praise of its supervisory model in the banking system, but is preferring to keep out of the limelight whilst the global financial system undergoes reform. The caution which characterizes the Spanish supervisory banking model has made it one of the big winners in the financial crisis. Authoritative institutions [...]
Elena Laguía, representative for the Spanish Electrical Equipment Manufacturers Association, which is taking part in the “EP China 2008” trade fair in Peking, told the Efe news agency “Spanish renewable energies technology is a possible door to the Chinese market in this sector.”
Laguía said “Spanish technology in the renewable energies sector is quite good and [...]
1. We are better prepared than ever to tackle the problem.
2. Spain’s exposure to the financial shock is minimal thanks to the solvency of banking and savings institutions
3. The strength of the Spanish economy and the measures that we are going to continue taking will contribute to recovering economic growth ratios close to their full potential from 2010 [...]
The government wants to convey a message of assurance to Spanish savers to combat the “quasi recession” repeating the same messages over and over again to quell fears of a financial storm and keep it at a safe distance.
It is fair to say that public speaking is not one of the Spanish Finance Minister Pedro [...]
Too vulnerable to be on their own
New York and Wall Street are suffering the worst financial storms of the last century. This time though, these phenomenons have been created by man (and by the greed of many) and have had an incalculably devastating effect on the world economy. The latest victims to fall prey to [...]
Caixa Corp, Spain’s leading savings bank is investing 390 million euros to consolidate its position in the two jewels in its investment portfolio crown.
La Caixa, Spain’s leading savings bank, is taking advantage of a bearish market in order to reinforce its presence in Telefonica and Gas Natural. Through its participating interests holding company, Criteria Caixa [...]
