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Luis de Guindos

Spanish economy, Spanish Politics 13th June 2016

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

Spanish economy, Spanish Politics 13th June 2016

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%.