In Spain

Spanish public debt

Fiscal rectitude lags behind in Spain

Spain’s public deficit ranks as the highest one in the eurozone, with the exception of Cyprus. Up to now, a set of exceptional circumstances has allowed for a stance of benign neglect at visible cost. But dangers loom ahead if fiscal rectitude is not firmly enforced.


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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.


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Spain business confidence up by 2.4% in 3Q2015

The Corner | July 10, 2015 | Spanish business confidence increased by 2.4% in the third quarter of 2015 compared to the second quarter, according to official data. Sentiment improved in all industries for ten months in a row, especially in restaurants and hotels, with an increase of 3.8%.




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Spanish GDP could grow up to 3.3% in 2015

The Corner | June 21, 2015 | Rating agency Moody’s expects Spanish GDP to grow by 2.7% in 2015 and highlights the employment creation in the last quarter of 2014. But the country still “faces important challenges such as a public deficit that might hamper growth in the mid term.”