The Corner

Abengoa reaches agreement with main creditors who did not accept the plan to refinance its existing debt with a new bond issue

Abengoa tries to issue debt to put an end to the dispute with some creditors It seems Abengoa has reached an agreement with its main creditors who did not accept the plan (Liberty, Zurich and Exim US) to refinance its existing debt with a new bond issue under the same economic terms as the former senior debt but with a maturity date of six months earlier (up to March 2022).

Europeans purchasing power is rising; consumption will recover

Europeans purchasing power is rising; Consumption will recover Entries for lending of M3, once the figures have been seasonally-adjusted and the effect of certain changes in the perimeter have been factored in, showed that loans to households are growing at a rate of 3.0% annually, led by those earmarked for consumption (+ 7% annually).

Financial integration is a relevant factor for financial stability and facilitates the transmission of monetary policy. A few days ago, the ECB published an update on financial integration. Its main conclusion is that this integration improves via prices, but market depth has less potential.

Financial integration in Europe improves via prices, but market depth has less potential Financial integration is a relevant factor for financial stability and facilitates the transmission of monetary policy. A few days ago, the ECB published an update on financial integration.

The delay in forming an Italian government is not surprising but the market’s cool reaction to Italy’s political uncertainty was
http://thecorner.eu/news-europe/%ef%bb%bf%ef%bb%bfwill-markets-remain-cool-about-italy/72908/ …

Will markets remain cool about Italy? Two months after the general elections, Italy continues to be in a political deadlock. In fact, president Mattarella considers new elections in July a possibility if a "truce government" has no majority in Parliament.

Oil prices rally after Trump breaks agreement with Iran benefits Repsol, Total in Europe, Exxon in US

Oil prices rally after Trump breaks agreement with Iran benefits Repsol, Total in Europe, Exxon in US Donald Trump has announced the US’ withdrawal from the agreement with Iran and will reimpose economic sanctions on that country. Bankinter analysts believe OPEC + Russia hold the possible solution to the crude supply problem, substituting the production which could be withdrawn from Iran.

“Spain is not just an exporting country, but an investor abroad", says Carlos Espinosa de los Monteros, High Commissioner for the Spain Brand (Marca España).

"Spain is not just an exporting country, but an investor abroad" Spain is not just an exporting country, but also one which invests abroad. One thing is that they buy your merchandise abroad and another that you install your factories in other countries.

US, UK, France and Spain – heterogeneous growth during the first quarter

US, UK, France and Spain – Heterogeneous growth during the first quarter During the first quarter, growth was robust in the US and in Spain, slightly lower than expected in France and weaker than anticipated in the United Kingdom.

Disruptors at the gate: strategic M&A for managing disruptive innovation

Disruptors at the gate: strategic M&A for managing disruptive innovation Non -technology companies accounted for two-thirds of all acquisitions of technology companies and 80% of global deal volume involving technology targets over $1bn in size was motivated by disruption.

Iberdrola wants Siemens to launch takeover bid for Gamesa

Iberdrola wants Siemens to launch a takeover bid for Gamesa Iberdrola which has 8% of Gamesa’s capital and supported the merger deal with Siemens sealed last year, is uncomfortable with the Siemens management in Gamesa.

Financial integration in Europe improves via prices, but market depth has less potential

Financial integration in Europe improves via prices, but market depth has less potential Financial integration is a relevant factor for financial stability and facilitates the transmission of monetary policy. A few days ago, the ECB published an update on financial integration.

Will markets remain cool about Italy?

Will markets remain cool about Italy? Two months after the general elections, Italy continues to be in a political deadlock. In fact, president Mattarella considers new elections in July a possibility if a "truce government" has no majority in Parliament.

When the signs of an incipient slowdown in the European economy begin to multiply – the matching indicators suggest that industrial production slowed in 2018 – the case for reaching an agreement on Brexit and refocusing attention on unifying the capital markets becomes increasingly more powerful and urgent.

Brexit and the European capitals market When the signs of an incipient slowdown in the European economy begin to multiply – the matching indicators suggest that industrial production slowed in 2018 – the case for reaching an agreement on Brexit and refocusing attention on unifying the capital markets becomes increasingly more powerful...