The interim Spanish prime minister, the socialist Pedro Sánchez, will aim to form a government this week. Outside the political noise, the Spanish economy continues to do well. April’s elections in Spain resulted in a fragmented parliament, making the formation of a government complicated. Acting prime minister Pedro Sánchez of the Socialist Party (PSOE) goes to parliament this week to seek backing for his bid to form a...
Read More »
The interim Spanish prime minister, the socialist Pedro Sánchez, will aim to form a government this week. Outside the political noise, the Spanish economy continues to do well.April’s elections in Spain resulted in a fragmented parliament, making the formation of a government complicated. Acting prime minister Pedro Sánchez of the Socialist Party (PSOE) goes to parliament this week to seek backing for his bid to form a government, with a parliamentary vote due to take place on July 23. To be...
Read More »
The Q1 figure confirms our expectations of 1.8% growth this year, despite some clouds on the horizon Read the full report here Euro area GDP rose by 0.6% quarter on quarter (q-o-q) in Q1, in line with our above-consensus forecast. Evidence from high-frequency data suggests that domestic demand was the main engine of growth once again, supported by a strong rebound in both household consumption and corporate investment spending. We believe that momentum from this source still has legs:...
Read More »
Swiss Economicblogs.org
