3. Public debt

New record for Spanish public debt (€1.740 Trillion), growing 4.3% year-on-year (against 2.7% GDP growth)

Thus, only inflation (3.2%), which is crushing the purchasing power of Spaniards, is keeping the Public Debt-to-GDP ratio at bay (101.6%). Because in absolute terms, the public debt computed under the EU’s excessive deficit procedure has hit a new record: €1.740 trillion. According to the Bank of Spain (BdE), the debt of Spanish public administrations grew by 4.3% year-on-year in March—reaching that record figure of €1.740 trillion—representing an increase of…

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Eurozone trade surplus plummets to €7.8 billion in March

Reported by the Consejeros Editorial Team The Eurozone’s goods trade balance recorded a surplus of €7.8 billion in March, compared with €34.1 billion in the same month last year, according to data published on Tuesday by Eurostat. Eurozone exports of goods to the rest of the world reached €265.3 billion in March, representing a 5.5% fall compared with the same month in 2025. Meanwhile, imports rose by 4.4% to €257.4…

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Banner CIR, junio 2022

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Investment and trade announcements made at Trump-Xi Jinping summit mask tactical truce, not lasting reconciliation

By Alicia García Herrero The images of the meeting between Donald Trump and Xi Jinping in Beijing tell a story: two leaders surrounded by business delegations, flanked by CEOs, toasting the promise of renewed trade relations. Public reports of the talks refer to the creation of new trade bodies and regulatory frameworks for investment, rumours that US financial firms have finally managed to break into the Chinese market and that…

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interviews

Amadeus CEO Luis Maroto Headshot 2026 copia

“We are one of Europe’s leading R&D investors: €1.45 billion last year”

Luis Maroto is the CEO of Amadeus, which has just announced the acquisition of Idemia Public Security—for €1.2 billion—to strengthen its biometrics, security, and airport management business. Maroto explains that “alongside biometrics, digital identity is transforming how travelers move throughout their journey. Today, travelers are asked to prove their identity at almost every step: flight check-in, baggage drop, security, immigration, boarding, car rentals, hotel check-in… With digital identity, a traveller…

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IreneHernandez copia

“Fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe”

Irene Hernández, coordinating advisor of Ence, and advisor of Elecnor and Saint Croix explains that “In Spain and in the European Union, there are times when we are regulating too much and putting brakes on economic growth… fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe. We are not in a position to…

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