INVEST IN SPAIN is the official Spanish organisation for the promotion of foreign investment in Spain. It focusses on new direct investment and investment in companies. Please find below the link for the presentation on opportunities for investment in Spain. I would like to highlight the sectorial approach with information on the main sectors of the Spanish economy.

http://www.investinspain.org/icex/cma/contentTypes/common/records/viewDocument/0,,,00.bin?doc=4461005

This article was published in El Confidencial on January 19th 2013

“This threat of cronyism and patronage is not a threat. I think it’s a promise ” John Gage

“I do not worry if there are useless people in this organization, what worries me is if the useless are proactive.” This sentence comes from a senior executive with whom I had the pleasure of working for many years, and it encapsulates the biggest risk facing the ‘brand Spain’ after the recent embrace of optimism courtesy of the fall in sovereign risk premium. Now Spain faces its own acid test. Continue reading Kleptocracy, value creation and the opportunity for Spain →

This article was published in El Confidencial on January 2013.

“Governments truly believe in a better future, that’s why they have spent it already”

The reserve fund of the Social Security in Spain is already up to 90% ‘invested’ in sovereign debt and some argue that it is a good idea to concentrate the vast majority of the resources of these entities on one instrument. Prudent risk management and asset allocation rules are ignored. Continue reading Austerity sucks, but default sucks even more: Spain’s risky bet on sovereign bonds →