The Gain in Spain
The Spanish economy is beginning to attract investors’ attention – and not only because asset prices are depressed in the current climate. While there are huge problems that must still be overcome, there is also a clear sense on the ground that the economy has passed a turning point, roughly at the start of this year.
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MILAN – The Spanish economy is beginning to attract investors’ attention – and not only because asset prices are depressed in the current climate (arguably implying a good buy for longer-term, value investors). While there are huge problems that must still be overcome, there is also a clear sense on the ground that the economy has passed a turning point, roughly at the start of this year.