Europe's public finances amidst pandemic, war, and energy crisis
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.
Perspectivas económicas y fiscales para España
La previsión de crecimiento del PIB en 2023 en España se eleva al 2,4 %, dos décimas más que en la anterior previsión, gracias al impulso de la primera parte del año. El crecimiento procederá sobre todo de la demanda interna, destacando el repunte del consumo tanto público como privado.
🇨🇳 🇪🇺Trade wars on wheels?
The European Commission's decision to investigate the impact of state subsidies on Chinese electric vehicle (EV) imports in the European market has ...
The uncertain duration of high interest rates
Monetary policy remains immersed in an intense battle to stem inflation. We are seeing a quick succession of interest rate increases and, consequently, raising eurozone borrowing rates across the board. Credit has already contracted, and the cost of debt has increased, but the duration of the tightening cycle remains unclear as monetary authorities have signaled that their policy approach remains conditional upon the path of inflation.