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Spanish economy, Spanish Politics 18th November 2022

Who said fear? Sánchez’s government has already raised the debt by 300 billion euros, which marks a new record high: 1.504 trillion (116% of GDP)

Debt set a new all-time high in September, at 1.504 trillion euros, which represents an increase in relative terms of 0.8% compared to the previous month, reaching 116% of GDP. By administrations, government debt rose in September to 1,329,016 billion euros, 6.8% more than a year ago and 1.15% higher than in the previous quarter, marking an all-time high. For their part, the debt of the autonomous communities fell by…

Spanish economy, Spanish Politics 17th November 2022

Births in Spain fall to 337,380 in 2021, the lowest figure in 80 years

The number of births fell by 1.2% in Spain in 2021 to 337,380, 3,935 fewer than in 2020, according to data from the National Statistics Institute (INE). It specifies that this is a new low since the beginning of the historical series, in 1941, 81 years ago. In recent years there has been a downward trend in the number of births. Since 2008, when the figure reached 519,779, the figure…

Spanish Politics 11th November 2022

Sánchez, unleashed: he will eliminate the crime of sedition while his spokesperson assures that the Government does everything right but the press tells it all wrong

Yesterday morning, Isabel Rodríguez, the government’s minister spokesperson, complained that what is highlighted in the press “has nothing to do with what has been adopted in the Council of Ministers”. And she concluded that “just as we have a space for the weather, to find out if it is going to rain, given the need for the public to have access to accurate information, we should reserve a space for…

In Spain, Spanish Politics 28th October 2022

The Judiciary Pact Collapses After Sánchez Confirms To Feijóo That He Will Lower The Threshold For Sedition

With only the PP’s signature missing, the pact to renew the judiciary has collapsed. After a telephone conversation this Thursday afternoon between Prime Minister, Pedro Sánchez, and the leader of the opposition, Alberto Núñez-Feijóo, the negotiations have been “suspended”. “Feijóo has offered President Sánchez to address together any reform of the Penal Code affecting the crimes of rebellion, sedition, as well as the criminalisation of the calling of an illegal…

Spanish economy, Spanish Politics 20th October 2022

Sánchez And His Disorderly Housing Policy

Fernando González Urbaneja | Disordered thinking is one of the characteristics of the Prime Minister. It is not necessarily a mistake, since this disorder makes it easier for him to adapt to reality, to change his criteria in accordance with the Marxian principle that these are my principles but if I have to change them…. The liberality with which Sánchez handles facts, data and statistics is astonishing. For example, he…

Spanish economy, Spanish Politics 18th October 2022

The Minister of Social Security Presents A Bus That Will Travel Around Spain Looking For Beneficiaries Of The Ingreso Minimo Vital While The Trade Unions Accuse Him Of “Incompetence”

Social Security is still on the warpath. After many threats, CSIF, UGT and CCOO have today announced mobilisations for November amongst Social Security staff, in protest at “the failure and incompetence in management” of the current minister, José Luis Escrivá. He has not been able to redirect the progressive deterioration of management, according to the unions in a joint statement. “There are fewer staff. It is not managed effectively or…

Spanish economy, Spanish Politics 17th October 2022

The Government Will Raise All Pensions By 8.5%: 860 Euros A Year For Minimum Pensions And 3,350 Euros A Year For Maximum Pensions

Fedea, the foundation of the former savings banks, has drawn up a report highly critical of the Government’s proposed increase in pensions (8.5% for all pensions). According to FEDEA, “In the debate on the revaluation of pensions, two issues are being mixed up that should be dealt with separately. On the one hand, the sustainability of pensions, which is a structural problem that has not yet been resolved, and, on…

Spanish Politics 10th October 2022

The President Of The Judges Resigns And Forces Sánchez And Feijoó To Move On

The president of the General Council of the Judiciary (CGPJ) and the Supreme Court (SC), Carlos Lesmes, announced on Sunday that he will formalise his resignation tomorrow. This is a month after he threatened to leave if there was no tangible progress in renewing a CGPJ that has been out of date for almost four years. He thus fulfils his promise, but without having managed to get the Council to…

Spanish economy, Spanish Politics 7th October 2022

Sánchez, Setting An Example: 4% Pay Rise, Compared To 3.5% For Civil Servants

The coalition government led by Pedro Sánchez has decided to implement a 4% pay rise for next year, above the 3.5% planned for civil servants and MPs. With this, Prime Minister Sánchez’s annual salary will be 90,010.20 euros a year, which means a monthly salary of 7,500 euros. The Ministry of Finance agreed with unions Comisiones Obreras and UGT a salary increase for civil servants of up to 3.5% in…

Spanish economy, Spanish Politics 5th October 2022

Spain: A Reckless Electioneering Budget

The Council of Ministers on Tuesday approved the draft General State Budget for 2023 agreed by the coalition partners. The accounts are based on a new macroeconomic framework that reduces the GDP growth forecast for 2023 from 2.7% to 2.1%, on a record expenditure ceiling of 198.221 billion euros. Current spending grows by 6.9% (18.3% if one takes into account that refugee aid measures are now supported here). Meanwhile, so-called…