Editorial: El Español

• The Spanish economy is growing but at a pace slower than the rest of the Eurozone countries.
• The Spanish per capita GDP increased by 1.2% in 2023, but it is still 25.9% below the average European.
• The convergence of Spain with Europe is slow and marks as a pending task for the Spanish economy.
• Spain is lagging behind Italy and France in terms of income.
• Inflation is a problem in Spain, the prices have grown four points more than the income per inhabitant.
• The low performance of per capita GDP figures is largely due to the low productivity of Spanish workers.
• The Minister of Economy, Carlos Cuerpo, has the massive challenge of bringing about a change in economic mentality.

Conclusion: Spain, despite its economic growth, continues to lag behind European standards and faces problems such as inflation and low productivity among workers. The task of the current generations is to generate new wealth until a definitive convergence with Europe is achieved.

---