Economic sentiment on Spain improves in August
Economic sentiment improves in Spain thanks to industry, services and construction.
recovery
The interest rate and the improvement in the income balance: a temporary support
LA CAIXA RESEARCH | Spain will need higher surpluses in the balance of trade of goods and services if it wants to lower its net debt position.
What will lower oil prices mean for US economy?
LONDON | UBS | Lower oil prices are evaluated as essentially “a wash” for the US economy.
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.
Eurozone recovery will continue despite Greek risk
Despite the political challenges emerging in Greece, the economic recovery in the eurozone has begun to strengthen driven by domestic consumption.
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.
“This is new in Spain’s history: employment growing faster than GDP”
MADRID | July 24, 2015 | By Fernando Barciela | Economist, businessman and former minister at several Spanish socialist cabinets between 1982 and 1993, Carlos Solchaga praises the big steps taken by the Spanish labour reform –the main of which he claims were made in the years ‘93 and ‘94, while he was a member of the government. This is the first part of our conversation.
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.
European PMIs beat forecasts
The Corner | June 23, 2015 | Despite the Greek drama, the eurozone’s economy is picking up. Eurozone composite PMI jumped to 49-month high of 54.1 in June, according to research firm Markit.
A different kind of crisis, a different kind of reform
By Barry Eichengreen via Caixin | The reform response to the financial crisis was mild compared to that of the Great Depression, but all is not lost.