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Editorial: El Mundo

  • The war in Iran is economically impacting Spanish families at a time of reduced savings and increased reliance on credit.
  • 80% of Spaniards already feel the impact of the crisis in the Middle East and 86% anticipate negative effects for Spain.
  • Credit is replacing savings to finance basic needs, increasing economic fragility.
  • The Iranian conflict intensifies pressure on energy prices, and indirectly, on transport and food.
  • There is a social rejection of the conflict, with seven out of ten Spaniards considering that the war in Iran is not justified.

Conclusion: The Spanish economy may grow at a macroeconomic level, but it does so on an increasingly weakened domestic base. Neglecting this gap could increase the repercussions of a war without a clear exit plan.