Competitiveness
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March 17, 2025
Spain | Economy stuck between positive momentum in Spain and global uncertainty
Amid the current environment, uncertainty over the trend in global (mainly) and local economic policy is currently very high, which can have significant and hard to predict consequences on the decisions of households and businesses alike.
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March 10, 2025
Europe | Toward a clean and competitive European industry
European industry is facing several challenges: high energy prices have made it less competitive, external reliance on gas has become a geopolitical vulnerability, and climate risks call for a transformation of production processes.
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October 21, 2024
Spain | What can go wrong?
As part of the long tradition of calling economics the “dismal” science, I would like to review some of the risk scenarios facing the Spanish economy, now that BBVA Research has raised its GDP growth forecasts for 2024 and 2025 to 2.9% and 2.4%, respectively.
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August 14, 2024
Spain | Manufacturing jobs won't come back
Europe and the U.S. are considering how to increase the weight of manufacturing in the production structure. Since the beginning of the pandemic, fiscal plans and tariff policies have been announced to boost or protect certain sectors.
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July 1, 2024
Spain | The challenges left by the European Semester
Spain has managed to stay out of the Excessive Deficit Procedure and has no significant economic imbalances, according to the recent European Semester assessment. However, the Commission still identifies important challenges regarding fiscal consolidation and improving future economic performance for sustained growth.
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June 7, 2024
Europe | A Single Market to strengthen Europe, including energy and climate policies
The Letta report provides a comprehensive assessment of the European Union's single market and contains a set of policy proposals for its future development. They have the potential to impact the European strategic agenda for the next few years, particularly to strengthen the green transition with targeted recommendations.
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March 11, 2024
Spain | Why is it Europe's fastest growing economy?
The Spanish economy is faring better than anyone expected a few months ago. And despite high interest rates, held back by a European economy that has been stagnant and amid heightened uncertainty surrounding economic policy. With all this, GDP growth in Spain (2.1%) still looks set to outstrip the overall eurozone (0.7%).
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