Spain recovery

spanish spoken in the US

Spain’s Recovery In The Context Of Trump’s Victory

Since the beginning of 2014, the Spanish economy has been recovering from a very tough crisis – unemployment jumped from 8% in 2008 to 26% at the start of 2014 and has now fallen to 18.9%. This is in part thanks to the ECB’s extremely expansionary monetary policy and low interest rates. Now after Donald Trump’s victory, everything could become unstable.

 





Carlos Solchaga

“This is new in Spain’s history: employment growing faster than GDP”

MADRID | July 24, 2015 | By Fernando Barciela | Economist, businessman and former minister at several Spanish socialist cabinets between 1982 and 1993, Carlos Solchaga praises the big steps taken by the Spanish labour reform –the main of which he claims were made in the years ‘93 and ‘94, while he was a member of the government. This is the first part of our conversation. 

 


No Picture

Spain in “solid recovery mode” (Barclays)

The Corner | July 23, 2015 | The Spanish economy grew by 0.9% q/q in Q1 15. Q2 data suggest that activity accelerated to 1.1% q/q, taking full-year 2015 growth to 3.3%, on Barclays estimates. “We think that the risks to the Spanish growth outlook are balanced, especially as the likelihood of Grexit has dropped,” the bank analysts commented on their July economic bulletin.



Spain: A mild recovery arrived, along with international investors

LONDON | By Barclays analysts | Several data releases over the past few days confirm that the Spanish economy has left behind a very long recession. The data confirm our view of a very gradual recovery in economic activity starting in Q3 2013 (seeEuropean Economics Quarterly, October 2013, for details). The economy grew at +0.1% q/q in Q3 13 after nine consecutive quarters of negative prints.


Spanish Economy: Is Recovery Really on Track?

BARCELONA | By Joan Tapia | According to the Spanish government, the country is about to leave recession behind and be on track for the recovery. President Rajoy has insisted on that being the important issue, not the corruption scandal that has shaken his party. The euro zone is showing positive signs indeed but is Madrid’s position 100% credible?