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Spanish Economy Minister Under Pressure Over Growth Claims

While Spain's economy shows growth, the younger generation continues to struggle with unemployment and lack of affordable housing opportunities

Debate flares in Spain over statements by the economy minister about record growth. Real issues come to the fore: youth unemployment, housing struggles, and inequality. Authorities pledge change.

A new debate has erupted in Spain over the true state of the economy following a high-profile interview with the Minister of Economy, Trade and Enterprises, Carlos Cuerpo. His remark that the country is experiencing its best times sparked mixed reactions among citizens. For many Spaniards, these statements seem disconnected from everyday hardships: rising prices, difficulties finding a job, and the inability to buy or rent a home.

In his conversation with Más de uno host on Onda Cero, Carlos Alsina, special attention was given to the recent slowdown in economic growth. Although official figures indicate growth remains above 2%, many residents of the country do not feel any improvement in their lives. The minister emphasized that migration, increased productivity, and support for businesses have played a significant role in these outcomes, but the host posed a pointed question: don’t optimistic statements risk offending those who face daily struggles with transport and social services?

Challenges for Society

Carlos Cuerpo noted that the government recognizes the existence of serious challenges. Among them are the need to modernize infrastructure, reduce inequality, and fight poverty. The minister acknowledged that a country with nearly 50 million people faces the task of adapting to new realities, as well as the need to further lower the unemployment rate.

The interview also touched on other pressing issues, such as the high rate of youth unemployment and difficulties in accessing housing. These problems are felt most acutely by the younger generation, which faces obstacles both when buying and renting property. According to El Confidencial, the authorities have promised to introduce new measures as part of the budget for the first quarter of 2026 to speed up the resolution of these issues.

Youth and housing

Employment and housing remain among the most pressing issues for young people. Despite statements about the creation of new jobs, many experts note that employment growth is not accompanied by increased income. This is confirmed by other publications as well, for example, in the article on rising poverty among children and youth in Spain which emphasizes that economic successes do not always reach the most vulnerable segments of the population.

The Minister of Economy also sought to dispel the myth that higher wages automatically lead to a better quality of life. According to him, a comprehensive approach is needed—one that includes education reform, support for innovation, and the development of new industries. However, many analysts believe that without real changes in policies regarding housing affordability and youth employment, the situation will remain tense.

Expectations and reality

Spanish authorities continue to insist that the country is moving in the right direction. At the same time, as El Confidencial reports, public opinion is increasingly demanding not only reports on GDP growth but also tangible changes in daily life. Citizens expect that economic achievements will translate into greater opportunities to find decent jobs, improve their housing conditions, and reduce poverty levels.

In recent years, Spain has faced a series of economic challenges linked to global changes and internal issues. In 2025, measures to support young professionals and reforms in the rental market were discussed, but so far the results have not met most people’s expectations. In 2024, inequality and the rising number of families living below the poverty line were also widely debated. These developments show that despite occasional successes, issues of social justice and housing accessibility remain in the spotlight of public attention.

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