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May 19, 2025
The observatory analyzes the cyclical behavior of GDP and exports in Spain up to the first quarter of 2025, highlighting a negative gap in GDP per working age population (WAP) compared to its trend level (-0.9 pp), although its growth slightly exceeds the historical trend.
May 16, 2025
Europe's automotive sector, second-largest globally and key to the EU economy, faces urgent challenges: rapid decarbonization, China's EV dominance, and US trade protectionism. The EU’s innovation-driven Action Plan can preserve Europe's leadership if swiftly implemented.
May 5, 2025
This year, the spring meetings of the International Monetary Fund (IMF) and the World Bank (WB) in Washington were characterized by noise. The biggest concerns remain the impact of tariffs on the economy and on financial assets, especially the dollar.
April 28, 2025
The dollar's recent fall has reignited the debate about the possible end of its hegemony in the global financial architecture. A question that has once again fed an old European desire: for the euro to consolidate its position as a reserve currency and safe haven.
April 23, 2025
In this global scenario where very little is certain, the transition to a decarbonized economy is also being called into question. The US decoupling in climate policies and the promotion of renewable energy seems clear.
April 14, 2025
The temporary suspension of some of the measures has brought relief, but Europe and Spain have taken the opportunity to outline their strategy for addressing the increase in trade barriers and potentially more-negative scenarios.
April 7, 2025
In the 21st century, history is again being challenged by a wave of protectionism from the United States. President Donald Trump has just announced a barrage of tariffs that marks the country's biggest protectionist offensive in almost a century.
