España quiere un presupuesto ambicioso, a la altura de los retos que tenemos por delante. ➡️Proponemos que el pago de la deuda de Next Generation sea constante, en torno al 0,06% del PIB cada año. Esto liberaría 70.000 M€ para el próximo marco financiero plurianual. https://t.co/b0VGzxaI2e #Presupuesto2024 #NextGenerationEU #EconomíaES
Excessive spending during the era of President Pedro Sánchez has led the next government to face the largest fiscal adjustment since the Great Recession, with the risk of failing to meet commitments made with Brussels. (translated)
Airef has worsened its forecast for the public deficit for 2026, emphasizing that Spain is at risk of failing to meet its fiscal commitments with Brussels due to the war in Iran and increased spending, which raises negative signals for the Spanish economy. (translated)
The price of gasoline has accumulated eleven consecutive weeks of increases, reaching a new annual high of 1.866 euros per liter, which represents an increase of 2.88% compared to the previous week and nearly 30% since the end of June. (translated)
Cristina Cervantes, a financial analyst, points out that in Spain the use of debt to pay off other debts has become normalized, reflecting a worrying situation of over-indebtedness that affects many families. (translated)
Spain's digital services exports have grown at an annual rate of 11.1% since 2019, surpassing other major exporters such as France, Germany, and the United States, and representing 36.9% of the total service exports in the country. (translated)
The low productivity of Spain compared to the more advanced economies of the EU is mainly attributed to the predominance of small businesses, which are less productive and employ more workers than in other countries, as well as the lack of adequate human capital and a business sector largely composed of less developed sectors. (translated)
Half of the rental offers in Spain are seasonal, a practice that many landlords use to evade housing law regulations, especially in the major capitals of Catalonia, the Basque Country, and Galicia. (translated)
The productivity gap in Spain remains 25% below that of the United States after three decades, revealing the urgent need to reform the tax system and reduce bureaucracy to improve the country's economic efficiency. (translated)
In 2030, Spain will have to allocate 60 billion euros from its annual budgets to pay interest on the debt, a 50% increase compared to the present, according to a report by Funcas that warns about the impact of rising interest rates, increasing indebtedness, and the reluctance of markets to finance public debt. (translated)
The number of people with a net worth of over 30 million euros in Spain has doubled in just over a decade, rising from 471 in 2013 to 1,023 in 2024, according to data from the Tax Agency. (translated)
The price of gasoline in Spain has increased by up to 24% after nine consecutive rises, reaching 1.732 euros per liter for gasoline and 1.865 euros for diesel. (translated)
In August, Spain lost 163,000 jobs and saw an increase of 44,000 people unemployed, although the drop in membership was the most moderate in the last five years due to a massive regularization of migrants. (translated)
The average daily spending of tourists in Spain has increased by 36% since the pandemic, reaching 218 euros, and companies in the tourism sector have generated record revenues of 82.053 billion euros so far this year. (translated)
The article analyzes the impact of European funds on the Spanish economy, highlighting that despite receiving 78 billion euros and meeting several milestones, the promised transformation has been limited, with low entrepreneurial dynamism and a gap in the execution of key investments. (translated)
Do you remember that "In 2010 we will slightly surpass Germany in income per capita; we are going to catch up with them"? (2007)?. And what about that "The Spanish economy plays in the Champions League of the world economies" (2007)?. (translated)
In August, the Spanish economy is significantly slowing down, and most sectors, except for hospitality, are experiencing a decline in revenue and production, while tourism and related activities are rapidly growing. (translated)
Spanish goods exports reached a historical maximum of 35.545 billion euros in June, driven by a 49.9% increase in energy exports, although the trade deficit has widened due to a 15.7% rise in imports. (translated)
Kevin Warsh, recently appointed president of the Federal Reserve, faces an uncertain outlook for the U.S. economy, as his cautious attitude and the growing volatility in the markets, especially in the artificial intelligence sector and the rising oil prices, could lead to a crisis if the uncertainty regarding the Federal Reserve's response worsens. (translated)
As you can see, everything has been a scam, a huge crime against the Spanish people, their economy, and the common heritage of Spanish society. (translated)
