S&P maintains Spain's rating at A with Stable outlook and France's at AA-

The organization does incorporate into its projections the commercial war of the first municipal power with China, Canada and Mexico, and cuts its expectation of GDP advance two tenths to 2.2%

S&P maintains Spain's rating at A with Stable outlook and France's at AA-

The Corner Bankinter | S&P maintained Spain’s rating at A with a long-term Stable outlook. The agency considers Spain to be one of the fastest growing OECD economies (projecting around +2% over the next four years). The maintenance of the stable outlook was based on the fact that it considers the risks to be balanced over the next two years. Despite this, the rating agency pointed out that public debt and unemployment...

The pull of tourism and the benefits that Spain is drawing from the European recovery funds of Covid are, according to the OECD (Organization for Economic Cooperation and Development), two of the main factors that explain that the Spanish economy is growing much more than the other major European countries and will continue like this until at least 2026. The Organization has revised upwards its expectations of last December on its economic growt…

The stress generated by the financial crisis of 2010 and the pandemic forced Spain to implement reforms that have resulted in a "visible recovery" in which "it cut the benefits to the most affluent pensioners, but increased them for one of the most impoverished populations in Europe" and today is one of the most important

For 2026, the OECD estimates that the Spanish economy will grow by 2.1%, a tenth more than the forecasts of three months ago. Thus, Spain will record both this year and the next economic growth well above that estimated on average for the whole eurozone, where the OECD forecasts an expansion of GDP of 1% in 2025 and 1.2% in 2026, compared to 1.3% and 1.5%, respectively, projected in December, since "the greatest uncertainty keeps the growth mode…

The OECD highlights Spain's growth in the face of the US slowdown.Read more Spain is positioned as an economic engine in Europe according to the OECD in News.es.