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Yolanda Gómez Rojo: Maximum Stock Markets Despite an Uncertainty that Persists – Pledge Times

  • Six major Spanish banks earned 4,302 million euros in Q1 2025, marking a 46.2% profit increase compared to Q1 2024.
  • This profit increase was partly due to the new bank tax being accounted for over a different timeframe, alongside generally favorable economic outlooks from Airef.
  • Spain's stock market, led by the Ibex 35 which rose over 20% and closed above 14,000 points recently, reflects strong economic activity despite persistent high unemployment.
  • Housing sales increased over 40% last March, with new homes growing 64%, although rising prices limit access especially for young people.
  • Despite positive economic data and stock gains, political instability and business complaints about government policies suggest continuing uncertainty for Spain's economy.
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  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
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Forbes España broke the news in on Thursday, May 15, 2025.
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