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January 27, 2025
There are currently seven autonomous regions of Spain without a budget (rolled over), in territories where the population represents 43% of the total in Spain. In addition, the central government is still working with the 2023 budget.
November 18, 2024
A few days ago, Bank of Spain released its Financial Stability Report, one of its top publications. Coincidentally, this report came out on the same day Americans elected their new president.
October 21, 2024
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.
May 3, 2024
The meetings of the International Monetary Fund (IMF) are useful to gauge the health of the economy and analyze the challenges it faces. The snapshot this year has been upbeat since global growth forecasts have been revised up and the IMF has attached less importance to the myriad risks it had outlined.
October 30, 2023
Two weeks ago, the private sector walked away from the annual meeting of the International Monetary Fund in Marrakech less worried than a year earlier, but with three lingering concerns: inflation and interest rates going forward, low global growth and the complex geostrategic environment.
September 4, 2023
The growing mistrust between the East and the West is creating a geopolitical scenario that for many is reminiscent of the Cold War era; a time when domestic markets advanced under the weight of interventionist policies, and relations between countries were belligerent and highly volatile.
