Finanzas

La banca encabeza las pérdidas en los dos países y las primas de riesgo suben con fuerza

OF THE €57.7bn ($68.2bn) of loans that Piraeus Bank, one of Greece’s four dominant lenders, had on its books at the end of March, €20.5bn were more than 90 days overdue. A further €11.7bn were also deemed unlikely to be repaid. In all, at the end of 2017 Greek banks carried €95.7bn of such non-performing exposures (NPEs)—at 43.1% of loans, the heaviest burden in Europe. Still, the pile was €13bn smaller than at its peak in March 2016. The banks plan to reduce it by €30bn this year and next.

Dealing with bad loans to business—around 60% of NPEs, mostly to small firms—is the most daunting part of this monumental job. It means resetting the balance-sheet of much of Greece’s economy, from restaurants to manufacturing. But a new phase of this task is under way, with the first sale of secured commercial loans. On May 29th Piraeus said it had agreed to sell Amoeba, a €1.45bn bundle of loans to around 180 borrowers, to Bain Capital Credit, which has previously bought bad…Continue reading

Los bancos han desaconsejado colocar los bonos por la moción de censura contra Mariano Rajoy y la situación de Italia

La banca encabeza las pérdidas en los dos países y los intereses de la deuda se disparan

El crecimiento está garantizado en los próximos trimestres, pero a medio plazo, no

Es actualmente director general de Economía y Estadística del organismo supervisor. El mandato de Luis Linde vence el 8 de junio

El Ibex pierde las subidas de la apertura y se deja un 0,5%
El presidente italiano elige al técnico Cottarelli para formar Gobierno; habrá elecciones en otoño

WHEN the dream of a smooth flight turns into the nightmare of an airliner crash, understanding what went wrong is sometimes straightforward. That was the case with a Malaysia Airlines flight which crashed in the summer of 2014, killing 298. This week Dutch and Australian investigators conclusively showed that it was shot down by a missile fired by Russian armed forces. But in other cases it is much harder to apportion blame. Such is the complexity of civil aviation that air-crash investigators spend years sifting through wreckage, recordings and data logs to work out what went wrong. Often technological, human and environmental faults are the main culprits. But another factor can be argued to have caused many of the world’s deadliest air disasters so far this year: economic sanctions.

The crash of a Cuban airliner on May 18th, which killed 112 people, is one example. America’s trade embargo on the island hurts civil aviation as much as it affects the rest of the economy. Cubana, the flag-carrier, is allowed to request American export licences…Continue reading

Las empresas españolas dan prioridad al reembolso de la deuda y logran un saneamiento importante

Suecia también podría acabar con el paraíso fiscal de sus ciudadanos