Spanish economy


How much are Spaniards going to spend next year?

Lower consumer growth weighs on Spanish GDP growth in Q119

Bankinter | Three pieces of positive macro data on the Spanish economy:  GDP grew in the first quarter of 2019 by +2.4% yoy compared to the +2.3% expected and +2.3% in the previous quarter. In inter-quarterly rate accelerated unexpectedly to +0.7% from +0.6% in Q42018. Both are double that of the Eurozone and the 28.



bullfighter

Op-Ed: British Journalists, Lift Your Spanish Game

Shaun Riordan | British (and foreign journalism in general) would do better to forget the obsession with their civil war narratives and focus on the economic, social and political issues confronting modern Spain. Explaining Spain´s electoral results in terms of the Civil War is no more relevant than explaining the Brexit vote in terms of the Battle of Britain, and just as misleading.



socialists TC

Spain Election: Socialists win but will need coalition partners

Spain held its third national election since 2015 on Sunday. The socialist party won by a clear margin but fell short of an absolute majority in the national Parliament and will need to find coalition partners to form a government. “We will not put a sanitary cordon to anybody. Our only condition will be to respect the Constitution and advance in social justice,” PM Pedro Sánchez said.



tc debate

Spain: The Election Debate that Changes Little

Shaun Riordan | The other oddity of the debate was the almost complete absence of policy. Many commentators have already noted the absence of economic policy from the election campaign. Last night there was no mention of health or the key issue of further reform of the labour market.


Spain's tourism

Spanish elections, little risk for markets

Stephanie Kelly (Aberdeen) | The fragmented nature of the Spanish political system makes it unlikely that any party will secure an absolute majority to govern. Therefore, if a government is going to be formed after these elections – something that cannot be taken for granted given the fractured political system – it will be a minority or coalition government.


Spain Catalonia

Elections in Spain: Polls suggest centre-left government, but exact make-up remains uncertain

Shaun Riordan | Unless the polls are dramatically wrong, Pedro Sanchez´ socialist party (PSOE) will be by far the largest party after the Spanish general election on 28 April. Given that, there are three key questions for foreign observers: will the right wing bloc of the Partido Popular (PP), Ciudadanos and Vox secure an absolute majority of seats in the parliament? Will the combined vote of PSOE, the left wing Podemos and the Basque nationalists be sufficient to form a government without the support, active or passive, of the Catalan nationalists? How well will the far-right Vox do?