Global Innovation Index 2021 (Infographic)

IN 2020, DESPITE THE PANDEMIC, IMPROVEMENTS WERE OBSERVED IN SCIENTIFIC AND TECHNOLOGICAL PROGRESS INDICATORS In 2021, Switzerland, Sweden and the US lead the global ranking and that of their regions. China, the one with the highest increase in R&D spending in 2019 among the top 5 investing economies. 60% of companies investing in R&D reported … Continued

Current situation of the housing market in Spain (Infographic)

Evolution of house prices in Spain Despite the strong social and economic impact of the pandemic house prices have shown positive growth rates. During the hardest months of pandemic, the moderation initiated in mid-2018 in the pace of house price advances has accentuated. Why do prices behave in this way? Changing consumer preferences Temporary shortage … Continued

Economy… at a glance May 2021

Service Sector Activity Indicators By Autonomous Community, the increases in turnover in Castilla-La Mancha (31.8%), Castilla&León (30.9%) and Galicia (30.8%) stand out Regarding employment, the biggest decreases were in the Balearic Islands (12.3%) and the Canary Islands (8.6%). Industrial Prices Index (IPRI) Temporary employment * in Spain Flash composite PMI index of total activity In … Continued

Economic Forecasts for Spain European Commission (Infographic)

The economy will be conditioned by the pandemic in 2021 and 2022 Conditioning factors for recovery: evolution of the pandemic and efficiency/efficacy of the vaccines; easing of restrictions on activity and economic agents’ reaction; duration of the support policies and the impact of the European funds; recovery of the tourism sector; spending and household saving … Continued

European Funds – an opportunity we must take advantage of

The European Union (EU) response to the economic and social impact of the pandemic has been rapid and robust. The European Recovery and Resilience Facility (Next Generation EU) is an important step in the European construction process, most notably in the design and implementation of common fiscal policy elements. The efficient allocation of the funds … Continued


Economy… at a glance March 2021

Foreclosures In Q4 2020, foreclosures increased 109.9% year-on-year to 3,018, maintaining the upward trend which began in Q3 (+82% year-on-year). In 2020 as a whole, after 5 years of consecutive decreases, foreclosures on main residences increased 37.4%, reaching 7,367, the biggest increase since records began in 2014. Industrial production In January 2021, industrial production registered … Continued


Economy… at a glance February 2021

Industrial production, Spain In 2020, after six consecutive years of growth, the industrial production index (IPI) recorded an average yearly decrease of 9.1%. This is the biggest fall since 2009 when production slumped 16.2% at the height of the financial crisis. The reduction, which was especially intense between March and June, is a partial reflection of … Continued

C-Suite Challenge 2021: Risks and Opportunities Ahead (Infographic)

CEOs say they are laser-focused on these top internal strategies… Accelerate pace of digital transformation Improve Innovation Modify business model Lower costs Streamline processes … and internal obstacules in 2021 COVID-19 related disruptions lack of quality talent Resource constraints relative to business needs Lack of an innovation Regulation


Economy… at a glance January 2021

Industrial production, Spain In November 2020, the industrial production index (IPI) fell 3.8% year-on-year against a 1.6% increase in the same month in 2019. By sectors, all showed negative rates except intermediate goods (1.2% year-on-year). Production in the energy sector also fell 7.8% year-on-year, capital goods 7.1% and consumer goods 3.6%. By Autonomous Community, the … Continued

Pedro Nieto analyzes Círculo’s proposals about healthcare

The president of the Health Working Group of the Círculo de Empresarios, Pedro Nieto, analyzes why digitalization is essential to promote the improvement of the health sector in Spain. Click on this link to watch the spanish version.   Pedro Nieto analyzes how innovation is a key element to improve the Spanish health system.   … Continued

Economy… at a glance december 2020

Mortgages, Spain In September, the number of mortgages approved on properties increased 18.4% year-on-year (26,878 mortgages), making it the highest figure since December 2019 (+44.8%). On the other hand, the average amount fell 1% year-on-year (to €135,035), while the capital loaned increased 17.2% yearon- year (reaching €3.629 billion in September). The average interest rate was … Continued

General State Budget 2021: a structural deficit that jeopardizes recovery (Infographic)

The sees the economic scenario forecast by the government on the evolution of the pandemic and its impact on activity and revenue as optimistic. COVID-19 has obliged the government to increase spending significantly, with forecasts that the structural deficit will reach 5.4% of GDP in 2020. Assuming that part of the exceptional expenditure will remain … Continued

Círculo de Empresarios and Fundación Rafael del Pino celebrate the 1st Forum on the Global Economy

On November 4 and 5, Círculo de Empresarios and Fundación Rafael del Pino held the First Forum on the Global Economy, an initiative that, on an annual basis, is aimed at discussing the situation and prospects of the world economy. The Forum was opened by John de Zulueta and María del Pino, presidents of the two … Continued

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