In Spain

US infrastructures

Spain has €10.5 billion annual public infrastructure investment deficit since 2019

Spain is grappling with a severe infrastructure investment deficit. This has been acknowledged by the Ministry of Transport itself and is confirmed by every report published on the matter. The latest, from the Institute of Economic Studies (IEE), asserts that between 2019 and 2024—coinciding with Pedro Sánchez’s arrival in government—the average annual investment deficit (both public and private) in infrastructure stands at €19 billion. According to the CEOE employers’ association…

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Montero

AIReF’s swansong: demanding adjustments as public debt—at 100% of GDP—grows at 4.8% annually, doubling GDP growth of 2.8%

The newspaper El Mundo explains that “the PSOE is silencing the head of the Fiscal Authority and preventing her from criticizing in Parliament the lack of Budgets amidst the Iran crisis and the pact with Junqueras.” This is because, according to what Cristina Herrero—who until the 4th of this month presided over the Independent Authority for Fiscal Responsibility (AIReF)—explained to them, she requested weeks ago to meet with the First…