EuroInsights: economic lessons in 2023
Today we take a bit of a step back and reflect on key developments that have impacted European public finances in the last couple of years.
La economía europea tras el shock geopolítico
La recuperación de la economía europea que se esperaba tras la pandemia se ha visto afectada por la sucesión de perturbaciones de oferta, cuyo origen es esencialmente geopolítico.
Spain's resilience amidst geopolitical turmoil
Today we take a bit of a step back and reflect on key developments that have impacted European public finances in the last couple of years.
Spain’s economic and fiscal outlook
GDP growth is expected to slow to 1.5% in 2024, down 0.9% from this year, although still significantly above the EU average, with inflation also expected to moderate further.
Spain’s key source of vulnerability remains its fiscal imbalance at a time when sovereign borrowing costs are rising sharply, highlighting the need for growth-friendly fiscal consolidation.