RaboResearch - Economic Research

Economic Report

Spain: Economic Outlook 2020 and beyond

The Spanish economy is losing momentum, but continues to grow faster than most Eurozone peers. Plans of the new left government might support growth in the short term, but jeopardize growth and social benefits in the medium term.

Economic Comment

Spanish elections: Día de la Marmota

Spain’s elections failed to solve the deadlock in parliament. Scraping a majority will be extremely difficult. The stalemate will not send the economy into crisis, but it prevents the economy and public finances from being prepared for one.

Economic Report

Spanish elections: take four!

Sunday’s elections in Spain are unlikely to break the deadlock in parliament. The economy will continue to grow relatively fast in the short term, but growth is slowing while unemployment is still high and public finances weak.

Economic Report

Spain: Strong recovery does not justify complacency

To preserve healthy economic growth rates in the medium term, the Spanish government should speed up the labour market recovery and deal with remaining challenges. Elections in 2019 could break the reform deadlock, but not necessarily in a positive way.