El último susto para la profesión y la correspondiente clientela, arranca de una sentencia de nuestro Tribunal Supremo de 26 de febrero de 2018, que se refiere a los formalismos con los que debe determinarse la retribución de los consejeros ejecutivos de una sociedad.
Spanish Regional Governments are clearly benefiting from the intense economic growth of the national economy. However, there has been a very important increase in the regional debt over the last years. In this context, the Extraordinary Liquidity Mechanisms (ELM) have gained great importance in the share they represent of the regional debt. We now expect the return of the regions to the markets to finance their debts and the improvement of their debt-to-GDP ratio.
The Spanish economy is still undergoing intense and differential economic growth regarding the euro area. In addition, it is progressing with a more solid basis than previous periods of growth. However, the scenario we consider for the Spanish economy is now subject to upside risks, both inside and outside Spain.