Spanish business thrives while bigger European economies stall

“The future is bright” is a phrase rarely uttered by European business leaders these days. But José Manuel Entrecanales, the chief executive of Acciona, is brimming with optimism for both Spanish business and his family’s company, which he has transformed from a construction firm to one focused on renewable-energy infrastructure. He reflects a mood in Madrid that is happy and enthusiastic—in contrast to the anxiety in Berlin or Paris.