The future of Europe and Spain under Trump’s second administration

Letter from the Editors

Trade policy

Trump, trade, and investment

The second administration of U.S. President Donald Trump began with a promise to use tariffs and other trade instruments to strengthen America’s economic ...

Draghi report

Can the Draghi report save Europe?

The Draghi report provides a transformative blueprint for Europe’s future, emphasizing strategic investments, industrial policy, and governance reforms ...

Spanish economy

The Draghi report and the Spanish economy

Mario Draghi’s report identifies integration as key to addressing Europe’s structural challenges, focusing on, first, the need to rollout a common ...

Corporate lending

Corporate access to bank loans: Assessing the impact of company and loan size

Spanish companies enjoy lower bank borrowing costs than their Eurozone peers, with neither the size of the loan nor the company significantly impacting costs. ...

Bank profitability

Bank profitability in the context of declining interest rates: Managing funding cost and allocation of household savings

As interest rates decline, Spanish banks face narrowing unit margins, prompting a strategic focus on managing retail deposit funding costs to preserve ...

Artificial intelligence

AI in banking through the eyes of the consumer

Digitalisation and artificial intelligence (AI) are redefining the relationship between customers and their banks by enhancing personalization, security, and ...

Construction sector

Weakness in overall construction sector profitability: Low productivity exacerbated by labour shortages

The construction sector in Spain has shown resilience but continues to grapple with low productivity and labour shortages. Addressing these challenges is ...

Bancassurance

Recent developments in bancassurance in Spain

Spanish banks’ insurance business, particularly in life insurance, have been a crucial source of earnings, directly contributing nearly 14% of their ...

Regulation and Economic Outlook
Recent key developments in the area of Spanish financial regulation
Prepared by the Regulation and Research Department of the Spanish Confederation of Savings Banks (CECA)
Spanish economic forecasts panel: January 2025
Funcas Economic Trends and Statistics Department
Key Facts
Economic Indicators
Financial Indicators
Social Indicators