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        <title>Deficit - NEWS BBVA</title>
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        <description>NEWS BBVA</description>
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                                <item>
                    <title>BBVA Research affirms positive outlook for Spanish economy in 2018-2019</title>
                    <link>https://www.bbva.com/en/bbva-research-affirms-positive-outlook-spanish-economy-2018-2019/</link>
                    <pubDate>Tue, 16 Jan 2018 16:18:49 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Blanca González del Fresno]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Central banks]]>
                            </category>
                                                    <category>
                                <![CDATA[Deficit]]>
                            </category>
                                                    <category>
                                <![CDATA[Dollar]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic analysis]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic forecasting]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic indexes]]>
                            </category>
                                                    <category>
                                <![CDATA[Economy]]>
                            </category>
                                                    <category>
                                <![CDATA[Euro]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial scenarios]]>
                            </category>
                                                    <category>
                                <![CDATA[Global markets]]>
                            </category>
                                                    <category>
                                <![CDATA[Gross domestic product]]>
                            </category>
                                                    <category>
                                <![CDATA[Macroeconomics]]>
                            </category>
                                                    <category>
                                <![CDATA[Macroeconomics analysis]]>
                            </category>
                                                    <category>
                                <![CDATA[Risk country]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=395940</guid>
                                            <description>
                            <![CDATA[<a href="https://www.bbvaresearch.com/en/" target="_blank" rel="noopener">BBVA Research</a> maintains its forecasts for Spain’s GDP growth in 2017 and 2018 at 3.1% and 2.5%, respectively. In addition, it expects that the economic recovery will continue in 2019  (with a 2.3% increase in GDP) and that the improvement in the economy will translate into wage growth. BBVA Research’s latest Spain Economic Outlook was presented today by Jorge Sicilia, Chief Economist of the BBVA Group and Director of BBVA Research; Rafael Doménech, Head of Macroeconomic Analysis at BBVA Research; and Miguel Cardoso, Chief Economist for Spain and Portugal.  If these forecasts prove to be correct, Spain´s unemployment rate could drop to 13.4% by end of 2019, which would imply the creation of 860,000 jobs over the next two years.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[<a href="https://www.bbvaresearch.com/en/" target="_blank" rel="noopener">BBVA Research</a> maintains its forecasts for Spain’s GDP growth in 2017 and 2018 at 3.1% and 2.5%, respectively. In addition, it expects that the economic recovery will continue in 2019  (with a 2.3% increase in GDP) and that the improvement in the economy will translate into wage growth. BBVA Research’s latest Spain Economic Outlook was presented today by Jorge Sicilia, Chief Economist of the BBVA Group and Director of BBVA Research; Rafael Doménech, Head of Macroeconomic Analysis at BBVA Research; and Miguel Cardoso, Chief Economist for Spain and Portugal.  If these forecasts prove to be correct, Spain´s unemployment rate could drop to 13.4% by end of 2019, which would imply the creation of 860,000 jobs over the next two years.]]>
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                                <item>
                    <title>BBVA Research says recovery will continue in 2018, but at a slower pace</title>
                    <link>https://www.bbva.com/en/bbva-research-says-recovery-will-continue-2018-slower-pace/</link>
                    <pubDate>Tue, 07 Nov 2017 00:47:58 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Blanca González del Fresno]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Consumption indexes]]>
                            </category>
                                                    <category>
                                <![CDATA[Deficit]]>
                            </category>
                                                    <category>
                                <![CDATA[Deflation]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic analysis]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic forecasting]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic indexes]]>
                            </category>
                                                    <category>
                                <![CDATA[Economy]]>
                            </category>
                                                    <category>
                                <![CDATA[Euro]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial markets and monetary economics]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial scenarios]]>
                            </category>
                                                    <category>
                                <![CDATA[Global markets]]>
                            </category>
                                                    <category>
                                <![CDATA[Government rate]]>
                            </category>
                                                    <category>
                                <![CDATA[Gross domestic product]]>
                            </category>
                                                    <category>
                                <![CDATA[Inflation]]>
                            </category>
                                                    <category>
                                <![CDATA[Macroeconomics]]>
                            </category>
                                                    <category>
                                <![CDATA[Macroeconomics analysis]]>
                            </category>
                                                    <category>
                                <![CDATA[Risk country]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=356223</guid>
                                            <description>
                            <![CDATA[According to <a href="https://www.bbvaresearch.com/en/" target="_blank">BBVA Research</a>’s latest Spain Outlook report, 2017 will cap off Spain’s three-year run of GDP growth at rates above three percent. Recovery will continue in 2018, but at a slower pace, in an environment marked by rising uncertainties. The report was presented today by Jorge Sicilia, Chief Economist of BBVA Group and Head of BBVA Research, Rafael Doménech, Head of Macroeconomic Analysis of BBVA Research and Miguel Cardoso, Chief Economist Spain and Portugal. Considering this scenario, BBVA Research has downgraded its GDP growth forecasts for 2017 and 2018 to 3.1 and 2.5%, from 3.3% and 2.8% in July.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[According to <a href="https://www.bbvaresearch.com/en/" target="_blank">BBVA Research</a>’s latest Spain Outlook report, 2017 will cap off Spain’s three-year run of GDP growth at rates above three percent. Recovery will continue in 2018, but at a slower pace, in an environment marked by rising uncertainties. The report was presented today by Jorge Sicilia, Chief Economist of BBVA Group and Head of BBVA Research, Rafael Doménech, Head of Macroeconomic Analysis of BBVA Research and Miguel Cardoso, Chief Economist Spain and Portugal. Considering this scenario, BBVA Research has downgraded its GDP growth forecasts for 2017 and 2018 to 3.1 and 2.5%, from 3.3% and 2.8% in July.]]>
                        </content:encoded>
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                                <item>
                    <title>Infographics: BBVA Colombia closes 2015 with noteworthy performance indicators</title>
                    <link>https://www.bbva.com/en/bbva-colombia-closes-2015-with-noteworthy-performance-indicators/</link>
                    <pubDate>Wed, 20 Apr 2016 08:49:02 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[No utilizar]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                    <category>
                                <![CDATA[Deficit]]>
                            </category>
                                                    <category>
                                <![CDATA[Sectorial analysis]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=297578</guid>
                                            <description>
                            <![CDATA[The institution has supported the country’s development with major investments – a reflection of the group’s support for Colombia’s potential.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The institution has supported the country’s development with major investments – a reflection of the group’s support for Colombia’s potential.]]>
                        </content:encoded>
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                                <item>
                    <title>Turkey: The emerging economy that doubled its GDP in a decade</title>
                    <link>https://www.bbva.com/en/turkey-emerging-economy-doubled-gdp-decade/</link>
                    <pubDate>Tue, 22 Mar 2016 09:16:39 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[francisco.mendez.lozano]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Deficit]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic analysis]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic sectors]]>
                            </category>
                                                    <category>
                                <![CDATA[Economy]]>
                            </category>
                                                    <category>
                                <![CDATA[Emerging markets]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial system]]>
                            </category>
                                                    <category>
                                <![CDATA[Foreign exchange market]]>
                            </category>
                                                    <category>
                                <![CDATA[Gross domestic product]]>
                            </category>
                                                    <category>
                                <![CDATA[Macroeconomics]]>
                            </category>
                                                    <category>
                                <![CDATA[Macroeconomics analysis]]>
                            </category>
                                                    <category>
                                <![CDATA[Tourism and leisure]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=292302</guid>
                                            <description>
                            <![CDATA[Turkey shows the macroeconomic profile of a country in the midst of its financial takeoff, although highly conditioned by its international commercial relationships.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[Turkey shows the macroeconomic profile of a country in the midst of its financial takeoff, although highly conditioned by its international commercial relationships.]]>
                        </content:encoded>
                                                        </item>
            
                                <item>
                    <title>Economic recession in Brazil: first, solve the political crisis</title>
                    <link>https://www.bbva.com/en/economic-recession-in-brazil-first-solve-the-political-crisis/</link>
                    <pubDate>Thu, 21 Jan 2016 17:25:54 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[miriamd.garzon]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Central banks]]>
                            </category>
                                                    <category>
                                <![CDATA[Deficit]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic analysis]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic forecasting]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic indexes]]>
                            </category>
                                                    <category>
                                <![CDATA[Economy]]>
                            </category>
                                                    <category>
                                <![CDATA[Emerging markets]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial scenarios]]>
                            </category>
                                                    <category>
                                <![CDATA[Gross domestic product]]>
                            </category>
                                                    <category>
                                <![CDATA[Inflation]]>
                            </category>
                                                    <category>
                                <![CDATA[Interest rates]]>
                            </category>
                                                    <category>
                                <![CDATA[Macroeconomics]]>
                            </category>
                                                    <category>
                                <![CDATA[Macroeconomics analysis]]>
                            </category>
                                                    <category>
                                <![CDATA[Productivity]]>
                            </category>
                                                    <category>
                                <![CDATA[Risk country]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=293011</guid>
                                            <description>
                            <![CDATA[Brazil, the biggest economy in Latin America, is facing a political and economic crisis that is keeping the country in recession and will extend over 2016. We talked about the economic situation and outlook for the country with <strong>Enestor Dos Santos</strong>, economist at BBVA Research for Brazil, who explained that if the situation is to be normalized it is important to resolve the political situation first. This will reduce uncertainty, generate more stability and enable the right decisions to be made to allow the country to grow again. However, he clarifies that recovery from this economic recession will start gradually in 2017 and gather strength after the 2018 elections.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[Brazil, the biggest economy in Latin America, is facing a political and economic crisis that is keeping the country in recession and will extend over 2016. We talked about the economic situation and outlook for the country with <strong>Enestor Dos Santos</strong>, economist at BBVA Research for Brazil, who explained that if the situation is to be normalized it is important to resolve the political situation first. This will reduce uncertainty, generate more stability and enable the right decisions to be made to allow the country to grow again. However, he clarifies that recovery from this economic recession will start gradually in 2017 and gather strength after the 2018 elections.]]>
                        </content:encoded>
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                                <item>
                    <title>Commodities: a headache for Latin American economies</title>
                    <link>https://www.bbva.com/en/commodities-headache-latin-american-economies/</link>
                    <pubDate>Thu, 07 Jan 2016 08:31:46 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[miriamd.garzon]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Consumer index]]>
                            </category>
                                                    <category>
                                <![CDATA[Deficit]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic indexes]]>
                            </category>
                                                    <category>
                                <![CDATA[Geostrategy]]>
                            </category>
                                                    <category>
                                <![CDATA[Gross domestic product]]>
                            </category>
                                                    <category>
                                <![CDATA[International trade]]>
                            </category>
                                                    <category>
                                <![CDATA[Prices]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=291839</guid>
                                            <description>
                            <![CDATA[The commodities boom has reached its end, impacting strongly on Latin American economies. Fiscal balances have been affected by lower currency revenue, currencies have devalued significantly, with the subsequent fall in the value of exports, and the exchange rate effect has led to a rise in inflation.  It has also had a negative impact on <strong>GDP growth </strong>that could become more pronounced if prices fall further in 2016.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The commodities boom has reached its end, impacting strongly on Latin American economies. Fiscal balances have been affected by lower currency revenue, currencies have devalued significantly, with the subsequent fall in the value of exports, and the exchange rate effect has led to a rise in inflation.  It has also had a negative impact on <strong>GDP growth </strong>that could become more pronounced if prices fall further in 2016.]]>
                        </content:encoded>
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