Bank of Spain warns against risks to fiscal consolidation
Bank of Spain’s governor Linde considers the government’s forecasts ‘feasible’ but warns about possible risks.
Spanish economy
Spain’s Trade Balance Benefits From Export Drive
Spain’s exports continue to rise and over the last five months have produced a welcome shift in the country’s trade balance.
IMF demands further efforts to strengthen Spain’s growth potential
IMF praises Spanish strong recovery but recommends additional reforms to strengthen growth and accelerate the fiscal consolidation.
Spain competitiveness improves in Q2
Spain’s economy has registered a gain in external competitiveness compared to the EU, the OECD and BRICS countries, based on the Consumer Prices Index (CPI).
Spain home sales up 17% yoy in June
Spain’s housing sales continue to recover in June, with 30,578 new transactions and 17.0% YoY growth.
Permanent employment contracts in the Spanish recovery
La Caixa Research | Although the trend of permanent contracts over the last year makes Spain’s labour situation look more promising, it is vital to continue working to ensure new jobs are created on a solid basis.
The invisible virtuous circle
Why can’t Spain’s current strong growth be sustainable?
Spain Q2 GDP growth outpaces most of eurozone
MADRID | Global GDP showed a moderate growth recovery in the second quarter. In Spain, forecasts point to GDP growth accelerating again to 1% Q0Q, one of the highest rates in the eurozone.
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.
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.