In Spain

Spain Bets On The Renewable Hydrogen And Aims To Become a Exporter To The EU

Spain does not want to be left behind in the area of renewable hydrogen, currently the most efficient technological solution for storing and transporting energy. The  government has already launched a consultation of its ‘Hydrogen Roadmap’. The draft includes 57 measures to prepare the regulatory framework and sets targets for 2030 such as reaching an installed capacity of 4 GW, which represents 10% of the target set by the European Commission for the whole of the EU.

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The Fiscal Stimuli In 2020 Will Be Of A Similar Scale In Germany, Spain, France And Italy

 

European national governments have responded to this crisis with battery of fiscal measures of various different types and sizes. According to the latest forecasts from the consensus of analysts (July 2020), the deterioration in the fiscal balance in 2020 will amount to 8.6% of GDP in Germany, 8.1% in Spain, 7.6% in France and 9.4% in Italy. For CaixaBank Research, this suggests that the fiscal stimulus of the major economies in 2020 will, in fact, be more similar than one might believe.