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The Bank Of Spain Worsens Its Forecast And Anticipates A Contraction Of The GDP: “negative Surprises Accumulated”

  SPAIN it faces a new economic contraction in the first quarter of the year after the country suffered its worst peacetime crash last year. Data such as the estimate of Gross Domestic Product (START) in real time from the Independent Authority for Fiscal Responsibility...

The State Will Have To Assume The Bill Of The Sareb And Will Shoot The Public Debt To 120% Of GDP

The 2012 bank bailout continues to take its toll on taxpayers almost a decade later. Specifically, an invoice for 35,000 million euros that the State will have to assume once the debt maintained by the Company for the Management of Assets from Bank Restructuring...

S&p Maintains Its Rating For Spain But Warns Of A Negative Impact If The Labor Reform Is Reversed

S&P has updated its rating of Spain (A / A-1) although it affirms that its outlook continues to be negative regarding fiscal and structural challenges, also warning that the risks to Spain's fiscal and growth path persist. Regarding the recovery of the Spanish economy, S&P...

Brussels Launches Its ‘vaccination Passport’: A Free And Universal Qr To Avoid Quarantines And Pcr To Tourists

The idea is quite simple and although the technical development is somewhat more complicated, it does not have enormous difficulties either. The practical application, however, is another story. The European Commission has approved and submitted this Wednesday its proposal for a vaccination certificate or...

The Slowdown Is Accentuated: Funcas Goes From Expecting A Growth Of 0.5% To A Fall Of 0.4% For The First Quarter

The economic recovery expected for 2021 is being asked. If the last Funcas panel predicted that the first quarter of the year would close 0.5% higher -a little better than 2020 closed, 0.4% higher - the situation has drastically changed sign soon. The new...

Neither Argentina nor Italy nor South Africa: the OECD certifies that Spain suffered the greatest economic collapse in 2020

Spain suffered in 2020 the biggest economic collapse of all the developed economies in the world. And, also, of many others that are not so. This has been certified by the OECD, an organization that this Tuesday published its new world forecasts and shows...