Spain included 28.4 billion euros from the Recovery and Resilience Mechanism, NGEU’s main instrument, in the 2022 General Government Budget. Have expectations been met? Are the investments and reforms being implemented as planned?
Search at CaixaBank Research
Search results
4533 results found for Roles of education in the development process
How does shelter, or the price of rent, impact US inflation? What is the outlook for this component and how does it affect the Fed’s monetary policy?
The government has presented a second action plan to cushion the economic impact of the current high inflation. According to government estimates, this second package will have a budget impact of more than 9 billion euros (0.7% of GDP), which includes 5.5 billion in new expenditure and 3.6 billion in reduced revenues due to cuts in electricity taxes.
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 knocking on the door of economic and financial risks.
Portugal's GDP exceeds expectations in Q2, inflation accelerates in August, tourism grows moderately, and the external accounts record their worst result since 2022.
Kevin Warsh’s appointment as Chair of the Federal Reserve marks a significant shift in US monetary policy. His first meeting as head of the FOMC did not change interest rates, but it did provide indications about the institution’s future direction.
In February, we wrote that we could expect to see a cooling of the US economy at some point in 2023, a view shared by most analysts. However, what we have seen in the year to date is an economy that continues to grow with unusual strength considering the current environment of high interest rates.
We summarise the current situation and future outlook for the Spanish agrifood sector, as set out in the CaixaBank Research Agrifood Sector Report 2023.