Spanish economy

spain scenarios

Just 3 Things To Consider Before Investing In Spain

UBS | In this report, we focus on three pivotal questions that we consider crucial for investing in any security in Spain: First, what is the economic outlook for 2016/17, and what are the biggest economic policy challenges that the next government will face? Second, what are the likely scenarios for the outcome of the elections on 26 June? And third, what is the valuation and relative attractiveness of Spanish assets, how will asset markets react to different election outcomes, and what is or is not priced in?




Luis de Guindos

Spain Elections: Who Won The Economic Debate?

Economic forerunners from the four Spanish leading parties engaged themselves in a confusing TV debate on Sunday night. The moderator was much to blame as she hardly clarified the key policy issues, although the participants also proved unable to put forward a coherent analysis of what is at stake in these elections.


spains economy

Spain: An Example Of Successful Keynesian Policy?

The thesis is reasonable and well-known: greater growth, lower deficit. But what happened in 2015 seems to corroborate another idea: a larger deficit (-5%) fuels the biggest growth in Europe (3.2%). So the government unilaterally raises the 2016 deficit target from 2.8% to 3.6%, while Brussels is going for 3.9%.


subsidies

Is There Anyone Left In Spain Who Doesn’t Get Subsidies?

Spain uses subsidies, perhaps to excess, as a means of support for a whole range of activities which the public adminstrations delegate to third parties who, at times, are rather lax in terms of control. Spanish cinema as well as renewable energies are in included in this “help” box, and let’s not forget training courses and career updating training.

 


spain elections

Now Is The Time To Break Spain’s Political Deadlock

One of the effects of the long, deep crisis has been the redrawing of the political map in Spain, as well as in other European countries, but these new balances need to mature and consolidate. The process is underway, but the destination has not been written down.  Over the last few years we have witnessed the confusion of the European social democrats.



Bank of Spain 800x400

Spain’s Banking Sector Would Cut Costs By Up To 27% With Mergers

The Spanish banks could use mergers to achieve cost savings of up to 27%, due the increase in asset volumes these transactions would bring. The entities emerging from these tie-ups with over 200 billion euros in assets would cut costs between 8% and 27%, while those with 50-100 billion euros in assets could save between 4% and 20%, according to the latest edition of think-tank Funcas’ bi-monthly Economic Information Journal.