In Spain

immigrants working

Spain contributing most to EU population growth thanks to immigration

Reported by the Consejeros Editorial Team A few weeks ago, the General Council of Economists of Spain (CGE) and the Foundation for Applied Economic Studies (Fedea) held a conference dedicated to the impact of migration on the Spanish economy, as part of their series on Structural Issues in the Spanish Economy. Several speakers took part in the session, presenting different papers and perspectives on the topic. Pilar Cuadrado Salinas, a…


3. Public debt

Spanish public debt (100.2% of GDP) continues to grow at annual rate of 4%, outpacing GDP (2.4%)

Spanish General Government debt stood at €1.729 trillion in May 2026, a 4% increase compared to the same month of the previous year, according to data published by the Bank of Spain (BdE). However, public debt decreased by 0.58% relative to the historical high recorded in March of this year, when it reached €1.739 trillion. Meanwhile, the General Government debt-to-GDP ratio, measured according to the Excessive Deficit Procedure (EDP), stood…


directivo preocupado

Data loss is greatest fear of Spanish directors and executives, according to WTW

92 per cent of directors and executives in Spain identify data loss as their greatest concern in 2026. This is according to the Global Directors and Officers 2026 survey conducted by Willis, a WTW company, which analyses the risk perceptions of governing bodies in more than eight regions around the world. Reported by Consejeros Editorial Team Data loss is the main risk for Spanish executives. Specifically, 92 per cent of…


Sanchez Gomez

Prime Minister’s wife to stand trial for influence peddling and embezzlement

Unanimously, the five magistrates making up Section 23 of the Provincial Court of Madrid (Audiencia Provincial de Madrid) have agreed to greenlight the investigating judge’s proposal, Juan Carlos Peinado, to put the Prime Minister’s wife, Begoña Gómez, on trial before a popular jury. However, the five judges have reduced the four offences proposed by the investigator to just two for which she will stand trial: influence peddling and embezzlement. According…


Inés Olóndriz, chair of AIReF

AIReF demands €10 billion+ adjustment from government to meet national spending rule in 2026

Although the Independent Authority for Fiscal Responsibility (AIReF) raised its GDP forecast by three-tenths of a percentage point—up to 2.5% for 2026—it warns that an adjustment of six-tenths of GDP is urgently needed. This translates to more than €10 billion in public spending cuts this very year. If these additional measures are not implemented, there is a serious risk of breaching the national rule, both at the Central Government level…


Absentismo Laboral

Catalonia bears highest cost of workplace absenteeism at €11.557 million, followed by Community of Madrid at €10.290 million

According to the 15th Adecco Report on Healthy Workplaces and Absenteeism Management, absenteeism cost the Spanish economy €59,109 million last year, 11.7 per cent more than in 2024 and almost double the figure for 2019, when it stood at €30,171 million. Reported by Consejeros Editorial Team Spain is facing 2026 with absenteeism at historically high levels. Data from the fifteenth edition of the Adecco Report on Healthy Workplaces and Absenteeism…


inflacion precios

Spanish inflation remains at 3.2% in June, core inflation falls to 2.9%

The group that had the greatest positive impact on the annual rate was housing, whilst transport was among those with a negative impact. onomics Reported by Consejeros Editorial Team Inflation stood at 3.2% at the end of June, the same level recorded in May and April, according to final data published by the National Statistics Institute (INE), which highlights thatfuel prices pulled prices down, whilst electricity and gas prices pushed…


Gibraltar

Fence separating Gibraltar from Spain comes down

At midnight, the Chief Minister of Gibraltar, Fabian Picardo, and the Mayor of La Línea de la Concepción, Juan Franco, marked the end of the Border Fence (la Verja) which has separated the Rock of Gibraltar from Spain since 1909. The two leaders crossed the fence onto opposite sides of the border, becoming the first citizens to do so without having to present their respective passports. A musical band played…


immigration

Two thirds of Europe’s population growth driven by Spain

According to Eurostat, the EU’s population grew by 705,756 people last year, and 461,800 of them reside in Spain. Therefore, Spain contributed two out of every three new residents in Europe—whose total population has climbed to 451.9 million (5.6% of the world’s population)—even though the country only accounts for 10.9% of the European population (it is projected to reach 50 million by the end of the year). The Role of…


hosteleria servicios turismo espana 2000x1125 1

Funcas Panel raises growth forecast for Spain to 2.3 per cent due to economy’s resilience up to June

Reported by Consejeros Editorial Team The Funcas Panel has revised its growth forecast for this year upwards by one-tenth of a percentage point, to 2.3%. The revision reflects the resilience shown by the Spanish economy in the second quarter, with growth estimated at 0.5%, one-tenth of a percentage point higher than expected in the previous Panel forecast. However, this is one-tenth of a percentage point lower than in the first…