In Spain

pensiones playita

Government injects €300 billion into Social Security since 2018 to sustain pensions

Since 2018, Social Security has received €309.126 billion in State transfers, according to its budget execution reports. This figure does not include loans that the State has also granted to the system. The total amount of transfers has grown year after year. Part of this funding is allocated to pay non-contributory Social Security pensions and financial aid, but the State transfers significantly more than the cost of that non-contributory tier….

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Sanchez

Sánchez realizes, three years later, that he lost the election

On Friday, October 2, Spain experienced yet another of those surreal episodes in which Pedro Sánchez’s government has specialized. After being in government since 2018, promising in 2023 the construction of 183,000 social housing units—which were never seen—and following more than 280,000 evictions and a Housing Law that, as experts warned, has led to a reduction of over 30% in the supply of rental apartments and further exacerbated the problem……