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March 1, 2021

Spain | The pain of paying

If there were a meter in our homes telling us how much our tax burden (or that of our children) would have to increase each day to pay off the growing public debt, it's likely that we would have a greater sense of urgency regarding the need to take measures to lighten the burden.

February 25, 2021

Spain | Asturias Economic Outlook 2021

The economy of Asturias may have shrunk by 10.9% in 2020, and might grow 5.3% in 2021 and 6.0 in 2022. Public policies softened the impact of COVID-19. Consumption and investment will push the economy through 2021. With risks, the situation should be getting back to normal by 2022.

February 24, 2021

Spain | Vaccination is the key to tourism's comeback, but more is needed

COVID-19 and the restrictions put in place to try to limit its spread made 2020 a very difficult year. Widespread vaccination and fiscal and monetary stimulus plans will allow growth to return in 2021 and 2022.

February 22, 2021

Europe | Recovery and Resilience Facility underway

The European authorities have approved the Regulation of the Recovery and Resilience Facility, the main instrument of the European Recovery Fund that will channel EUR 672.5 billion through grants and loans. This is an unprecedented response and a unique opportunity that Spain must seize.

February 22, 2021

Spain | Inflation: data confirms perceptions

A few days ago, inflation data for January was published, which marked a turning point from the falls in 2020. Many citizens might only have noticed the recent price rises. But the change in the market basket is the key.

February 19, 2021

Spain | Recent developments in the mortgage market

Despite the fall in GDP in 2H20 (-9.0% YoY), housing sales rose by 2.4% and mortgages by 5.1%. However, many of the factors supporting sales may be temporary. Towards the second half of the year, the sector could show a vigorous recovery. Its fundamentals are solid.

February 19, 2021

Spain | Mass, rapid vaccination: the best economic policy

For both health and economic reasons, the best policy is to speed up COVID-19 vaccinations as much as possible. It is currently the most profitable social and economic investment. However, it requires anticipation in regard to logistics, infrastructure and healthcare workers to achieve herd immunity before summer.

February 15, 2021

Spain faced with the challenge of NGEU funds: last train for R&D?

This report evaluates the state of R&D in Spain and anaylzes the factors that hinder innovation. The implementation of the necessary reforms is essential for Spain to achieve its R&D objectives and increase its potential growth.