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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.

Cotización de las Principales divisas en tiempo real

Cotización de las Principales divisas en tiempo real
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sábado, 22 de diciembre de 2012

Spain construction firm FCC cancels 2012 dividend

MADRID
Spanish construction company Fomento de Construcciones y Contratas SA says it will suspend a dividend on this year's earnings to reinforce its balance sheet and reduce debt
"In the current economic and financial context, several factors are causing a contraction of the resources generated by FCC Group and the need of assuming losses, as a result of a cleaning up of some assets," the company said in a press release
By halting its dividend, FCC said it also expects to reinforce its core businesses, while speeding up the sale of non-core assets

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