The Corner

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).

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.

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.