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NGEU

NGEU latest publications

August 29, 2022

Spain | Exploring Artificial Intelligence

AI is a set of techniques to perform activities which have required human intelligence until now. Despite being in its infancy, it’s proving to be of great interest to researchers, companies and governments around the world. We explore its current main uses, barriers and overall degree of adoption by Spanish companies.

June 15, 2022

Spain | Recovery, Transformation and Resilience Plan: making virtue of necessity

The Recovery Plan failed to fullfil expectations in 2021. As we look forward, we must focus on streamlining and accelerating its roll-out and on using it to transform our economy and invest wisely in projects with strong potential to increase employment and improve job quality and productivity.

June 9, 2022

Spain | Aragon Economic Outlook 2022

Aragon's GDP grew by 4.2% in 2021. The sanctions imposed on Russia and the increase in fuel prices reduce growth expectations. Even so, Aragon's GDP could increase by 2.9% in 2022 and 3.0% in 2023. By the end of 2023, GDP per capita could exceed the pre-crisis level by 1%.

May 9, 2022

Spain | Recovery without a structural reduction of the public deficit

The forecasts of the Stability Program point to a fairly strong recovery, with GDP growth above potential, but the public accounts suggest a cyclical improvement of the deficit rather than its structural component.

February 3, 2022

Spain | NGEU: Turning a delay into an opportunity

The NextGenerationEU program should never have been perceived—or explained as—some sort of countercyclical fiscal policy. It is in fact an opportunity to take a first step toward a genuine transformation of the Spanish economy.

January 24, 2022

Spain | “And yet it moves”

The rise in infections over the past month and increased costs throughout most of the past year herald a weakening of the recovery in Spain at the beginning of 2022.

January 20, 2022

Spain Economic Outlook. First Quarter 2022

Growth in Spain will remain high in the 2022-2023 biennium. Pandemic control, the use of pent-up savings, accelerating NGEU funds, ECB measures and high spare capacity would offset the effects of bottlenecks and higher energy prices.

January 3, 2022

Spain | Pros and cons of the labor reform

The new labor reform was achieved with a social consensus. It clears up uncertainties, makes several improvements and avoids going back on key progress made in the last decade. But it is not ambitious enough to solve the structural problems of the Spanish labor market.