Artículos
Caracterización económica del sector productor de alimentos en España
Para entender y contextualizar la situación de un sistema alimentario es necesario conocer los rasgos definitorios de su sector productivo, de alimentos frescos y procesados, al ser el eslabón inicial del mismo y pieza angular de la seguridad alimentaria. Este es el objetivo de este…
Spain’s budget: Challenges for 2024
Autores:
Lago Peñas, Santiago
While at first glance Spain’s 2023 fiscal performance appears favorable, lack of adjustment on the structural deficit paints a less optimistic picture going forward. Continued structural fiscal adjustment will be needed to improve the probability of compliance with the new EU fiscal deficit targets.
Bank valuations: Good news and bad news
Positive earnings performance and lower cost of equity have led the European banks to outperform the general stock indices for the last two years; nevertheless, they have yet to close the gap between their market value and book value, despite the fact that their return…
Looking beyond Spanish banks’ profitability
The Spanish banks reported sharp earnings growth in 2023, with the six largest banks recording over €26 billion in profits on aggregate, up 27% from 2022. This situation has prompted a deep dive into the issue in an attempt to understand the role these earnings…
Rental affordability in Spain: Trends and variations across regions
Autores:
Romero-Jordán, Desiderio
Residential rents have increased sharply over the past decade, with average household expenditure on rent increasing by 27.7% between 2015 and 2022- well above the growth in average household income – yet with notable differences across the Spanish regions. The rent control policies introduced in…