Archive for May 2nd, 2012

Monti acknowledged that the EU is not doing well with growth

Italian Prime Minister, Mario Monti, acknowledged today that the European Union (EU) “is not doing very well” in terms of economic growth, it is focusing, in his view, much of his energies to building your network institutions. Speaking at the seminar “Beyond austerity” held Wednesday in Rome, Monti also predicted that to achieve the desired [...]

The ECB will keep interest rates at 1 percent at the meeting in Barcelona

The governing council of the European Central Bank (ECB) will leave unchanged tomorrow, Thursday, its leading interest rate by 1% at its meeting in Barcelona. The highest executive body of the ECB, which meets twice a year outside their headquarters in Frankfurt, will wait and see the evolution of the economy and the effects of [...]

EU could confirm the sale of Banco CAM to Sabadell

The European Union (EU) could confirm in the next two weeks the acquisition of CAM Bank by Banco Sabadell, an entity in which the Deposit Guarantee Fund has pumped 5.249 million euros that will not recover, because the selling price will be one euro. This was announced today one of the managers of the Bank [...]

The automotive sector predicts a drop in enrollment in April from 24.5 percent

The automotive sector predicts a fall of 24.5% of registrations in April it would close about 54,000 units compared to 71,808 units of the same month last year, told a sources. At the current record, April would be the worst month ever in terms of registrations as the same month of the year 1993 was [...]

The 15M calls for 3 days against the European Central Bank

The move outraged 15M has called “caceroladas” from today until next Friday, 4 to express the rejection of the European Central Bank (ECB) and against “a state of emergency in which Barcelona is steeped in the holding of this summit.” Barcelona hosts from today’s meeting of the Governing Council of the European Central Bank (ECB) [...]

Electricity grid lost 2.63 percent on the stock exchange after the expropriation in Bolivia

Shares of Spanish Electricity Network (REE) suffered a modest decline of 2.63% at the opening session of the Spanish stock exchange, just hours after news that the Bolivian government decided to expropriate the shares of the subsidiary of the Spanish in Bolivia. In the early stages of the session, shares of REE marked an initial [...]

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