The European and Spanish Economic Outlook: A Less Cloudy Global Scenario?
Published on Friday, June 10, 2016
The European and Spanish Economic Outlook: A Less Cloudy Global Scenario?
Summary
The global economic scenario has improved in the past three months, but growth is still weak, and vulnerable to several risks. In Spain, data on activity lend an upward bias to our growth forecast for 2016, while increased uncertainty gives a downward bias for 2017. Uncertainties make it more necessary to push for an ambitious programme of reforms in Europe and Spain.
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- Macroeconomic Analysis
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Authors
Rafael Doménech
BBVA Research - Head of Economic Analysis