Future is Blue

Spain's resilience amidst geopolitical turmoil

Dec 6, 2023
Alice Faibishenko, a Senior Advisor at Funcas, discusses Spain's economic resilience amidst geopolitical challenges. She highlights the impact of the Gaza conflict on GDP growth and the crucial role of internal demand. The tourism sector is making a comeback, particularly with a surge in visitors from the Americas and China, despite regional struggles like in Catalonia. Faibishenko also examines economic vulnerabilities, including rising interest rates affecting the mortgage market and how households are adjusting their financial strategies.
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