Hints and tips:
...Hernández, chair of the labour commission at CCE, estimating labour costs would rise between 25-40 per cent for different companies....
...Lorenzo Bernaldo de Quirós, president of Freemarket, a Madrid-based consultancy, forecast the government would go ahead with the tax even if the ECB criticised it. “They don’t care....
...Pablo Hernández de Cos, governor of Spain’s central bank, has been warning about the risks of simply extending more loans to get through the crisis, which could render companies insolvent....
...The current shock may be “symmetric,” said Lorenzo Codogno of LC Macro Advisors, “but the policy response might be asymmetric because of the different fiscal space in different countries.”...
...Recent work – including the documentary Rimet Trophy, by Lorenzo Garzella, Filippo Macelloni and César Meneghetti – elucidates the mystery....
...Hernández, the chief benefactor, is a successful banker turned philanthropist, and he convinced his friend Lorenzo Zambrano, head of Cemex, to get involved....
International Edition