SPAIN IS THE ONLY MAJOR EUROZONE ECONOMY LOSING PRODUCTIVITY SINCE 2018 , DESPITE NEXTGEN FUNDS

What happened: The IMF says Spain is the only major Eurozone economy to lose productivity since 2018, despite receiving over €100 billion in European funds since 2021. Key numbers: Spain down 0.1 point over 2018-2027; productivity fell 1.4% in 2025; Germany up 1%, Eurozone up 0.5%, France up 0.3%, Italy up 0.2%; Spanish unit labor costs up 3.1% versus 3% for Why it matters: The IMF expects positive growth this year and next to leave the 2018 average still negative. Spain's unit labor cost rise outpaces France and Italy, which the content links to competitiveness and pension sustainability.

The IMF says Spain is the only major Eurozone economy to lose productivity since 2018, despite receiving over €100 billion in European funds since 2021.

The IMF expects positive growth this year and next to leave the 2018 average still negative. Spain's unit labor cost rise outpaces France and Italy, which the content links to competitiveness and pension sustainability.