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Pedro Sanchez

Pedro Sánchez falls short of majority but will likely prevail tuesday

Spanish economy, Spanish Politics 6th January 2020

Pedro Sánchez Falls Short of Majority, But Will Likely Prevail Tuesday

Atlantic Sentinel | Left-wing separatists would allow the social democrat to become prime minister a second time. Spanish Socialist Party leader Pedro Sánchez fell short of a absolute majority in Congress on Sunday to become prime minister a second time. However, left-wing separatists from the Basque Country and Catalonia have agreed to abstain from a second vote on Tuesday, which should allow Sánchez to scrape by with a majority of one.

pedro sanchez preocupado

Spanish economy 12th September 2019

Better red than dead

J.P. Marín Arrese | This motto struck by Bertrand Russell galvanised those opposed to the nuclear weapons race. In his view, surrendering to communism stood as a less harmful choice than the dire prospect of massive immolation in a new world war. Fortunately, we skipped confronting the bad and worst alternatives Mr Russell thought would inevitably emerge.

tc debate

Spanish economy 23rd April 2019

Spain: The Election Debate that Changes Little

Shaun Riordan | The other oddity of the debate was the almost complete absence of policy. Many commentators have already noted the absence of economic policy from the election campaign. Last night there was no mention of health or the key issue of further reform of the labour market.

Spanish PM

Spanish economy 15th February 2019

Spanish PM calls general elections for April 28

Spanish PM Pedro Sánchez called snap elections for April 28th after holding an extraordinary cabinet meeting in Madrid. The ballot follows Sanchez’s defeat in parliament over his 2019 fiscal plans. Madrid avoids May 26 “Super Sunday,” with local, regional and EU elections the same day.

Spain Catalonia

Spanish economy 12th February 2019

The Fear Of An Accident Is Beginning To Dominate Spanish Society

Joan Tapia (Barcelona) | BBVA says that Spain could grow 2.4% this year (it grew 2.5% in 2018) and 2% in 2020. This would create 800,000 jobs over the two years and unemployment would fall to 12.6% (compared to 15.3% in 2018). Yet, BBVA also warns that the probability of an accident has increased. Spain’s public debt is 12 points above the eurozone average, around 100% of GDP. Moreover, the Catalan situation is explosive as it represents 16% of the population and 19% of GDP.

Pedro Sanchez explains the Spanish economy to major investors in New York

Spanish economy 26th September 2018

Pedro Sanchez Explains The Spanish Economy To Major Investors In New York

Prime Minister Pedro Sanchez this Wednesday will attend a meeting organised by the American Chamber of Commerce in Spain (AmChamSpain) during the General Assembly of the UN, together with over 20 leaders of major multinationals, US banks and major investment funds. At the moment, Sánchez has already had the opportunity to greet US President Trump.

Spanish government to supply Saudi 400 laser-guided bombs

Spanish economy 19th September 2018

Intelligent Bombs Do Not Kill People

J.P. Marín-Arrese | “At least, no single Yemeni would face death singled out by these ingenious devices shipped from Spain to Saudi Arabia.” Such a startling statement did not come from the arms industry, but the Spanish government spokeswoman.

The debt of Rajoy and Sanchez

Spanish economy 16th July 2018

The Debt of Rajoy and Sanchez

From 2019 it is possible that Spain will have difficulties financing its public debt, which is definitely not only the official figure of 98.3% of GDP. Rajoy’s increase of this debt by €649 billion has been financed at very low interest rates, thanks to the ECB’s quantitative easing. On the other hand, Pedro Sánchez has announced substantial spending increases, which will inevitably increase debt in 2019.