- Business
- Childbirth & Education
- Legal Formalities
- Motoring
- Other
- Pensions & Benefits
- Property & Accommodation
- Taxes
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Join us for Tea on the Terrace
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
- Liva & Laia : 15th November
Central Government yesterday announced that it intends to appoint a team of nine advisers from the country's banks to oversee the privatisation of the government's 49% stake in the Spanish Airports Authority - AENA.
Goldman Sachs, BBVA, Citigroup, Royal Bank of Scotland, Credit Agricole, HSBC, Credit Suisse Securities, Societe Generale and BNP Paribas will make up the advisory team who will oversee the project.
The move coincides with the Government's privatisation of the state lottery, and is expected to raise around 13 Billion Euros - or 20 Billion with the two projects combined.
However, with Spain's cost of debt being 52 billion by the end of 2011, and Zapatero promising no further austerity cuts before the General Elections, the sums do not seem to add up.