By Belén Carreño, Inti Landauro and Tim Hepher MADRID/PARIS (Reuters) -Doubts are growing over the future of Madrid's remaining orders for the Airbus A400M airlifter, European defence sources said on Monday, raising the stakes of
By John O'Donnell, Lawrence White and Tom Sims LONDON/FRANKFURT (Reuters) - Rising borrowing costs are giving a long-awaited lift to Europe's beleague.
By John O'Donnell, Lawrence White and Tom Sims LONDON/FRANKFURT (Reuters) - Rising borrowing costs are giving a long-awaited lift to Europe's beleague.
Two of Europe's big corporate and mortgage lenders, Sweden's SEB and Spain's Sabadell, recently unveiled strong profits for 2022 as that trend helped lending lift earnings. But while rising rates are good news for bank profits, they herald a slowdown in an economy hit by war and runaway prices that squeeze borrowers and could prick pricing bubbles, most notably in property.
The Spanish city of Malaga and its Costa del Sol surroundings are seeing a surge in people moving in from the rest of Europe as lifestyle and working habits change after the COVID-19 pandemic, according to two of Spain's largest homebuilders. Aedas Homes said its sales to foreigners in Costa del Sol doubled last year, from 124 units sold in 2021 to 248 in 2022, while Neinor Homes SA said about 40% of young people taking on long-term rents in the city since they launched a rental division in 2020 were foreign.