Gómez Díaz, Fernando

CARGA_INICIAL20200528

The Spanish economy in the face of the trade war

The escalation of U.S. tariffs is weighing on the global economy, with Spain facing limited direct exposure but significant indirect risks. As protectionism deepens and uncertainty persists, exports and investment are expected to slow, thus weakening growth; however, the outlook remains relatively positive.

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La economía española ante la guerra comercial

Este artículo analiza el impacto de la
guerra comercial global sobre la economía española, identificando los canales de transmisión más relevantes: deterioro de las exportaciones,
freno inversor y desvío de flujos financieros.

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Outlook for Spain’s economy and public finances: 2024-2025

The Spanish economy continues to grow faster than the European average, with growth projections revised upwards for 2024 and 2025 to 3% and 2.1%, respectively. However, fiscal slippage relative to official targets is expected in 2025, requiring the government to introduce approximately 8 billion euros in budget savings to align with official targets – allowing for sustained short-term growth, while increasing confidence and providing space for discretionary spending in the event of future shocks.

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