Publications

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

In 2024, Catalonia's GDP could have grown by 3.2%, and is expected to increase by 2.6% in 2025 and 1.5% in 2026. Going forward, the evolution of activity will be marked by the high uncertainty surrounding economic and tariff policies and the slow recovery in Europe.

Spain is facing increasing water stress as a result of climate change. Droughts are lasting longer, rainfalls are getting heavier, heatwaves are more frequent and wildfires are more destructive.

Construction happens to be one of the sectors most heavily affected by labor shortages. While higher wages and immigration are helping to bring talent into the sector, structural problems persist that require a solution.

Investment in intangible assets is a key driver of economic growth in Spain. Using financial transaction data, we build a real-time indicator aligned with official statistics that allows for detailed analysis of investment flows across sectors and regions. They show growth is concentrated in a few specialized hubs.

In 2024, La Rioja's GDP could have grown by 3.3%, and is expected to increase by 2.5% in 2025 and 1.4% in 2026. Going forward, the evolution of activity will be marked by high uncertainty regarding economic and tariff policies and the slow recovery in Europe.

Spain's problem is not a shortage of savings, but insufficient investment. The challenge is to channel these savings, both domestic and European, into productive projects capable of generating a return, while creating quality employment and societal growth.

Spanish public debt will come down very slowly over the coming years and is at risk of stagnating at around 100% of GDP. It seems that the extraordinary conditions that helped it come down have been squandered to promote reforms that would lead to a more robust path of fiscal consolidation.