Pedro Sánchez has announced that Carlos Cuerpo, secretary general of the Treasury and International Finance, will replace Nadia Calviño at the head of the Ministry of Economy, Enterprise and Trade, following her departure to chair the European Investment Bank (EIB). On the other hand, the Minister of Finance, María Jesús Montero, the PSOE’s number two and until now fourth vice-president, will become first vice-president. The new minister holds a degree…

Fernando González Urbaneja| Pedro Sánchez proposes an account of his political management full of successes; he contrasts with his predecessors and sees a Spain that had no horizon and was all black until his arrival and then a bright, sunny panorama as a result of his management. It must be assumed that he believes this and defends his work with enthusiasm. After his speech to the press at the Moncloa,…

Fernando González Urbaneja| There is no electoral truce. On 18 February the PP will put its majority in Galicia at stake in elections that are being brought forward by five months. The last elections were held in July 2020, coinciding with the Basque elections and following the European elections a year earlier, which produced an unprecedented multi-party result with nine groups winning seats and the PSOE’s 33% majority (thirteen points…

The Spanish stock market has risen by more than 20% since last January. And as of November, companies listed on the Madrid Stock Exchange had distributed dividends worth €27,443 million, an amount that represents an increase of 18.8% compared to 2022. If the amortisation of treasury stock is added to the payment in cash or shares, the remuneration exceeds €40 billion. Thanks to these figures, the Spanish stock exchange has…