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May 10, 2021

Spain | The pension deficit in times of reform

The public deficit forecasts contained in the 2021–2024 Updated Stability Program provided by the Spanish government to the European Commission have recently been disclosed. For 2021, the collective target deficit for the Public Administrations is 8.4% of GDP, which will progressively decrease to reach 3.2% in 2024.

May 7, 2021

U.S. | Modest job gains in April suggest a full-speed recovery is still elusive

April’s job creation was shockingly below expectations. The unemployment rate increased slightly as more people entered the labor force encouraged by vaccinations and reopenings. Overall, labor market conditions suggest that the recovery is still vulnerable.
  • Geography Tags
  • USA

May 7, 2021

U.S. | The road to carbon neutrality

President Biden set ambitious goals for the U.S. to cut carbon emissions. Yet, high uncertainties in carbon pricing will be a critical challenge for the policymaker.
  • Geography Tags
  • USA

May 7, 2021

Financial Regulation: Weekly Update. May 7, 2021

In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.

May 7, 2021

Spain | Impact of COVID-19 on consumption in real time and high frequency in Apr-21

Spending with BBVA credit and debit cards or BBVA POS terminals in April were 13% in relation to the same month of 2019, 5 points less than in March. The growth in spending with Spanish cards, both face-to-face (10%) and online (128%), offset the adjustment in foreign card transactions.

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