Business News & Financial News

In Spain 20th January 2026

IMF raises global growth forecast to 3.3% and Spain’s to 2.3%

In an update to its World Economic Outlook, the IMF raised its global growth forecast for 2026 to 3.3%, representing a 0.2 percentage point increase from its October 2025 projection, while keeping its 2027 forecast unchanged at 3.2%. In this update, the IMF has once again revised upward its growth expectations for the Spanish economy for both this year and next. The projected expansion rate is 2.3% in 2026—three-tenths higher…

In Europe 8th January 2026

Eurozone unemployment rate falls slightly to 6.3% in November

CdM | The unemployment rate fell slightly in November in the Eurozone, to 6.3%, one tenth below the previous month’s figure, but one tenth higher than the previous year’s figure, according to Eurostat, the statistical office of the European Union (EU). Across the EU, the unemployment rate stood at 6% in November, stable compared to October and higher than the 5.8% recorded in the same month in 2024. Compared to…

In the World 20th January 2026

China’s GDP loses momentum: Q4 2025 growth of 4.5%, weakest since 2022

Bankinter | China’s GDP grew by 4.5% in Q4 2025. This growth is in line with consensus estimates and represents a slowdown from the 4.8% recorded in Q3. For 2025 as a whole, China’s growth stood at 5% (5.2% in 2024). Bankinter analysis team’s view: The Chinese economy is losing momentum. GDP growth in Q4 is the weakest since the reopening of Covid lockdowns at the end of 2022. Despite…

“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…

“Fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe”

“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…

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