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Charles Butler
Charles Butler represents the fourth consecutive generation of his family to emigrate to or from Spain and the United States or Canada. He is an olive grower in northeastern Andalucía and publishes economic and political commentary at Ibex Salad.

Bankia: A tale of confusion, conflict and unnecessary haggling

Crisis-ridden Spanish bank Bankia.

Those involved in guiding the recovery of the Spanish banking industry must be recalibrating their future options in the wake of the recent nationalisation of Banco Financiero y de Ahorros and the panic that ensued amongst the retail shareholders of their subsidiary – Bankia.

May 24th, 2012 | Posted in Business, Featured, Spain News | Read More »

All too predictable

Absolutely true to recent form, a week ago Tuesday the two immediately upcoming Spanish government bond auctions which were to lead up to the weekend’s municipal and regional elections were put into journalistic – and might we add – speculative play by an article in one of the world’s news sources of reference.

May 25th, 2011 | Posted in Iberoblog | Read More »

Spain’s sovereign debt crisis: Round 2

Once again, the Spanish economy is under pressure from the markets. But while comparing the country to Ireland may be unjustified, the government’s reluctance to send a clear message can only encourage speculators.

November 29th, 2010 | Posted in Business | Read More »

The strikers who have nothing to protest

Spain's general strike: justified protest or just the moaning of the privileged?

The generous employment contracts enjoyed by many of those taking part in the September 29 general strike leave a generation of Spaniards out in the cold, drawing the question: who do these protesters represent?

September 28th, 2010 | Posted in Business | Read More »

Spain’s cajas bank on reform

The Spanish government has passed legislation permitting the cajas de ahorros, many of which are in financial difficulties, to turn to normal capital markets to bolster their balance sheets. The legislation challenges a number of received notions about the country’s financial sector.

July 27th, 2010 | Posted in Business | Read More »

What now for the “PIGS”?

Portugal, Italy, Greece and Spain have all been grouped together by some market watchers as potentially unstable economies due, supposedly, to their deficit and debt levels. But a closer look at the figures tells a different story.

April 24th, 2010 | Posted in Business | Read More »

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