RaboResearch - Economisch Onderzoek

Landenrapport

Country Report Spain (Engelstalig)

The Spanish economy is expected to maintain its competitiveness while domestic demand strengthens. The low quality of employment created may hurt productivity growth. We expect to see political fragmentation at the national level.

Landenrapport

Country Report Spain (Engelstalig)

Despite the improvement of the short term economic outlook, several bottlenecks of the Spanish economy (rigid labour market, weak banking sector) desire policy urgency. Unfortunately, upcoming elections are clearly weighing on the political support to continue with necessary reforms.

Landenrapport

Country Report Spain (Engelstalig)

The short term pain of the macroeconomic rebalancing process is clearly weighing on the political support to continue with necessary reforms. Without a more vigorous cleanup of the banking sector, it will remain a large drag on the recovery going forward.

Landenrapport

Country Report Spain (Engelstalig)

Given the weak economic outlook and high unemployment, it will remain a tough challenge for the government to push through its austerity and reform agenda. Regarding structural reforms that improve long term potential growth, Spain remains on track.

Landenrapport

Spain (Country Update) (Engelstalig)

The Spanish government is seriously tackling its financial and economic issues. But the country is currently in a perfect storm of recession, missed budget deficit targets, rising government debt and rising opposition to government policies.

Landenrapport

Spain (Country report) (Engelstalig)

The Spanish economy is back in recession and government austerity measures will ensure that the economic contraction continues throughout the year. There is a clear risk that more austerity will further deepen the recession.

Landenrapport

Spain (Country report) (Engelstalig)

The Spanish economy is still coping with the consequences of the housing market boom and bust. We expect weak economic growth both this year and next, leading only to a very modest decline in the unemployment rate.