Debt, Commercial Instability and Fiscal Risks: the New Pressure Triangle for the Spanish Economy

Funcas Market Consensus The recent tensions in US and eurozone debt markets, coupled with unprecedented fiscal pressure and the growing weight of sovereign risk on bank balance sheets, draw a scenario of growing vulnerability for advanced economies, including the Spanish economy. This is one of the main conclusions of Issue 306 of Economic Information Papers, published by Funcas. Raymond Torres warns of the impact that tariff escalation and tra…