poverty

33% of people at risk of poverty in Spain are employed

Thirty-three percent of people at risk of poverty in Spain are currently employed. This average percentage rises to 40% in the Balearic Islands, but does not fall below 25% in any Spanish region in 2025. Another third of Spaniards at risk of poverty are retirees or unemployed, while the final third has no known economic activity. These are some of the conclusions from the study “Analysis of Social and Economic…

Read More

Crédito y CauciónCrédito y Caución
pmi manufacturero

Eurozone manufacturing PMI rebounds in April as firms build up stocks in anticipation of war-related disruptions

CdM | Growth in the Eurozone manufacturing sector rebounded in April. However, “although the PMI index has reached its highest level in almost four years, the survey is causing more concern than joy”. Input price inflation rose sharply again, approaching its four-year high. Furthermore, production and the order book were driven by the build-up of safety stocks, “as a result of widespread concerns over supply shortages and rising prices stemming…

Read More

Banner CIR, junio 2022

Kristalina IMF

IMF Managing Director warns of adverse scenario of 2.5% global growth and inflation above 5%

Norbolsa | The IMF director warns that with the conflict dragging on and oil prices heading towards $120, we are moving away from the baseline scenario—which envisaged a moderate impact on growth—towards the adverse scenario, which envisaged global growth of 2.5% and inflation above 5%. At the same forum, the chairman of Chevron warned that product supply shortages will begin to be felt, with Asian demand adjusting to lower supply.

Read More

interviews

antonio bonet

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…

Read More


ElenaJimenezdeAndrade

“It is a shame that we are able to mobilize economic resources for large-scale projects abroad, but not in our Spanish market”

In an interview with Consejeros magazine, Sacyr’s coordinating advisor, Elena Jiménez de Andrade, explains that now “We have great capacity to win projects, a capacity that until now contrasted with a series of financial limitations and balance sheet size. However, in this strategic cycle, we are going to eliminate those barriers. That is why we have set an ambitious goal for 2033: to triple the value of our assets. We…

Read More



…in the last week