In January, EU27 exports fell by 5.2%, while those of the Eurozone dropped by 5.5%. German exports decreased by 2.7% and Italian exports by 4.6%, whereas French exports rose by 1.3%. More striking in January are the sharp declines in British exports (30%) and the strong increases in those of the United States (13.1%) and Japan (16.8%). In January, Spanish exports of goods reached €28.927 billion, representing a 2.9% decrease…
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Bankinter | Car sales in Europe rose by 1.4% year-on-year in February. This moderates the year-to-date decline to 1.2%, with units sold exceeding 1.6 million. Plug-in hybrids led the growth (32.1%) for the month, followed by pure electric vehicles (20.6%) and non-plug-in hybrids (10.1%), whilst combustion engines declined (17.9% for petrol and 12.8% for diesel). Bankinter analysis team’s view: A slight recovery in February (1.4%) following the sharp decline (3.9%)…
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Norbolsa | Trump has given Iran 48 hours to open the Strait of Hormuz, failing which he will begin targeting its power facilities, but Iran is threatening to attack the critical infrastructure of all its neighbours. In addition to the latest ‘threats’, there is concern that we are now entering the fourth week of the conflict, with no sign of a solution, which increases the likelihood of facing more far-reaching…
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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…
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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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