The Spanish economy holds firm amid the energy onslaught
Spain’s economy continues to grow at a considerable rate, although the escalating conflict between the US and Iran is once again generating tensions.
The ECB’s path to a new normal
Behind the recent upheavals and volatility, the euro area and the ECB are making progress towards a new normal for the financial environment. In recent years, the ECB has reduced its footprint in the market by returning to conventional monetary policy and withdrawing…
We need to talk about interest rates
In a summer focused on the effects of climate change – with events like El Niño, which could disrupt global activity in the autumn – and with political risk back where it stood before the signing of the US-Iran deal in June, an old acquaintance has once again come…
10 September 2026
Spain’s external sector drives the post-pandemic expansion
Spanish exports have emerged as one of the drivers of the country’s economic growth in the current expansionary phase following the pandemic in 2020. Exports now account for 36.0% of GDP, exceeding pre-pandemic levels (34.7% in 2019) and, even more so, those of 2007…
