Despite the good growth data for the third quarter, and without being clear about what will happen in the last weeks of the year, the European Commission the closing of 2020 for Spain looks very black. According to its latest macroeconomic forecasts, those for Autumn, published this Thursday, lhe Spanish economy will contract 12.4% in […]
Tag: economics / macroeconomics
The Eurogroup rules out new stimuli in the face of the second wave and recalls that there are hundreds of billions in unused credits
All the support, solidarity and concern, but no more money. With Europe half knocked out by the second wave of the virus, and confinements hardening every day from north to south and east to west, countries like Espia they want to reopen the debate on if the amount approved in the spring to mitigate the […]
European stock markets welcome doubts about the electoral result in the US with falls
The analyzes of the last few days ensured that the most feared outcome on the US election night, the one that would cause the most turbulence in the markets, would be a very tight victory for either of the two candidates. Donald Trump o Joe Biden. And those fears have been fulfilled. With thousands of […]
The confinement of the United Kingdom and Germany frustrates the tourist corridors in the Canary Islands
The Canary Islands see their last attempt to save part of their peak tourism season, which has just begun, disappear. Just a week after the United Kingdom and Germany decided to include the archipelago in the list of safe destinations, the governments of both countries have decreed a new confinement of their populations try to […]
The economy shot up 16.7% in the third quarter but the second wave already threatens a new slowdown
The Spanish economy soared by 16.7% during the third quarter of the year, which, as with almost all economic (and not just economic) data during the pandemic and the coronavirus crisis, is a figure never before observed. In year-on-year terms, that is, compared to last year’s situation, the variation in Gross Domestic Product (GDP) “stands at 8.7%, […]
China prepares for its great leap forward in pursuit of self-reliance
For four days, the most powerful people of the second world power have met in a hotel west of Beijing to decide the future of the country. Although the hermetic inner doors of Chinese politics were closed again. It is not known whether there have been internal disagreements in the debates. And only a few […]
The Treasury will raise gross emissions by 6% in 2021 to finance the impact of the coronavirus
The coronavirus will continue to take its toll on the state coffers and will force the Government to turn to the markets to attract financing against the pandemic. Will make it through Public Treasury, which plans to carry out a net debt issuance of 110,000 million euros, as reflected in the draft General State Budgets […]
Education, Equality, Defense … These are the Budgets for 2021 item by item
Today the draft law of the General State Budgets for the year 2021 has been presented, those that should promote the economic recovery after the pandemic. This document includes the announced tax increases such as personal income tax on incomes greater than 200,000 euros or the so-called green taxation, with which the Executive estimates that […]
A French MEP begins a hunger strike to pressure Merkel and Macron on the European Budget
Pierre Larrouturou he is a french politician, MEP, left-wing, framed in the social democratic family. A regular voice on economic and social issues that for almost two decades has tried to influence public debate. He tried the usual channels, first collecting signatures and campaigning. Later through the traditional parties, but neither. And in the end […]
The ECB delays the new stimuli until December and warns of a “greater than expected” European slowdown
The gesture of Christine Lagarde reflected by itself the concern of the European Central Bank (ECB) on the evolution of the economy in the Eurozone in full swing of coronavirus infections and containment measures in its member countries. The words of the French president confirmed that concern. “The recovery is losing momentum faster than expected” […]
