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Tourists cover themself from the sun wearing caps in front of the Duomo gothic cathedral, in Milan, Italy, Tuesday, July 16, 2024. Weather alerts, forest fires, melting pavement in cities: A sizzling heat wave has sent temperatures in parts of central and southern Europe soaring toward 40 degrees Celsius (104 Fahrenheit) in some places. (AP Photo/Luca Bruno)
A woman sunbathes in a park in Milan, Italy, Tuesday, July 16, 2024. Weather alerts, forest fires, melting pavement in cities: A sizzling heat wave has sent temperatures in parts of central and southern Europe soaring toward 40 degrees Celsius (104 Fahrenheit) in some places. (AP Photo/Luca Bruno)
Tourists wait for a bus under the sun in Milan, Italy, Tuesday, July 16, 2024. Weather alerts, forest fires, melting pavement in cities: A sizzling heat wave has sent temperatures in parts of central and southern Europe soaring toward 40 degrees Celsius (104 Fahrenheit) in some places. (AP Photo/Luca Bruno)
King Felipe VI (c) presides over the ceremony to present the Royal Dispatches to the new officers of the Navy, on July 16, 2024, in Marín, Pontevedra, Galicia (Spain). The act of delivery of Royal Dismissals to the new officers of the Navy coincides with the celebration of the feast of the Day of Carmen, patron saint of the Spanish Navy. The new Navy officers are in charge of the command of the Force and Force Support units of the Navy, either on board ships or submarines, fighters and helicopters of the Aircraft Flotilla, or as part of the special operations units of the Special Naval Warfare Force. 16 JULY 2024 Beatriz Ciscar / Europa Press 07/16/2024 (Europa Press via AP)
FILE - Haas driver Oliver Bearman of Britain steers his car during the first free practice at the Silverstone racetrack, Silverstone, England, Friday, July 5, 2024. The Haas Formula 1 team has extended its partnership with engine provider Ferrari until the end of the 2028 season. They began working together in F1 in 2016. (AP Photo/Luca Bruno, File)
The president of the Xunta de Galicia and president of the PPdeG, Alfonso Rueda (left), greets a new officer during the ceremony of Royal Dismissal to new officers of the Navy, on July 16, 2024, in Marín, Pontevedra, Galicia (Spain). The act of delivery of Royal Dismissals to the new officers of the Navy coincides with the celebration of the feast of the Day of Carmen, patron saint of the Spanish Navy. The new Navy officers are in charge of the command of the Force and Force Support units of the Navy, either on board ships or submarines, fighters and helicopters of the Aircraft Flotilla, or as part of the special operations units of the Special Naval Warfare Force. 16 JULY 2024 Beatriz Ciscar / Europa Press 07/16/2024 (Europa Press via AP)
(L-R) Princess Leonor, and King Felipe VI and Queen Letizia preside over the ceremony of Royal Dismissal of new naval officers, on July 16, 2024, in Marín, Pontevedra, Galicia (Spain). The act of delivery of Royal Dismissals to the new officers of the Navy coincides with the celebration of the feast of the Day of Carmen, patron saint of the Spanish Navy. The new Navy officers are in charge of the command of the Force and Force Support units of the Navy, either on board ships or submarines, fighters and helicopters of the Aircraft Flotilla, or as part of the special operations units of the Special Naval Warfare Force. 16 JULY 2024 Beatriz Ciscar / Europa Press 07/16/2024 (Europa Press via AP)
The president of the Xunta de Galicia and president of the PPdeG, Alfonso Rueda (left), greets a new officer during the ceremony of Royal Dismissal to new officers of the Navy, on July 16, 2024, in Marín, Pontevedra, Galicia (Spain). The act of delivery of Royal Dismissals to the new officers of the Navy coincides with the celebration of the feast of the Day of Carmen, patron saint of the Spanish Navy. The new Navy officers are in charge of the command of the Force and Force Support units of the Navy, either on board ships or submarines, fighters and helicopters of the Aircraft Flotilla, or as part of the special operations units of the Special Naval Warfare Force. 16 JULY 2024 Beatriz Ciscar / Europa Press 07/16/2024 (Europa Press via AP)
Queen Letizia (1r) salutes during the ceremony to present Royal Dismissals to new Navy officers, July 16, 2024, in Marín, Pontevedra, Galicia (Spain). The presentation of Royal Dispatches to the new Navy officers coincides with the celebration of the feast of the Day of Carmen, patron saint of the Spanish Navy. The new Navy officers are in charge of the command of the Force and Force Support units of the Navy, either on board ships or submarines, fighters and helicopters of the Aircraft Flotilla, or as part of the special operations units of the Special Naval Warfare Force. 16 JULY 2024 Beatriz Ciscar / Europa Press 07/16/2024 (Europa Press via AP)
Queen Letizia (c) salutes during the ceremony of Royal Dismissal to the new officers of the Navy, on July 16, 2024, in Marín, Pontevedra, Galicia (Spain). The presentation of Royal Dispatches to the new Navy officers coincides with the celebration of the feast of the Day of Carmen, patron saint of the Spanish Navy. The new Navy officers are in charge of the command of the Force and Force Support units of the Navy, either on board ships or submarines, fighters and helicopters of the Aircraft Flotilla, or as part of the special operations units of the Special Naval Warfare Force. 16 JULY 2024 Beatriz Ciscar / Europa Press 07/16/2024 (Europa Press via AP)
Queen Letizia (c) salutes during the ceremony of Royal Dismissal to the new officers of the Navy, on July 16, 2024, in Marín, Pontevedra, Galicia (Spain). The presentation of Royal Dispatches to the new Navy officers coincides with the celebration of the feast of the Day of Carmen, patron saint of the Spanish Navy. The new Navy officers are in charge of the command of the Force and Force Support units of the Navy, either on board ships or submarines, fighters and helicopters of the Aircraft Flotilla, or as part of the special operations units of the Special Naval Warfare Force. 16 JULY 2024 Beatriz Ciscar / Europa Press 07/16/2024 (Europa Press via AP)
King Felipe VI (left) salutes a new officer during the ceremony to present Royal Dismissals to new Navy officers, July 16, 2024, in Marín, Pontevedra, Galicia (Spain). The act of delivery of Royal Dismissals to the new officers of the Navy coincides with the celebration of the feast of the Day of Carmen, patron saint of the Spanish Navy. The new Navy officers are in charge of the command of the Force and Force Support units of the Navy, either on board ships or submarines, fighters and helicopters of the Aircraft Flotilla, or as part of the special operations units of the Special Naval Warfare Force. 16 JULY 2024 Beatriz Ciscar / Europa Press 07/16/2024 (Europa Press via AP)
King Felipe VI (left) salutes a new officer during the ceremony to present Royal Dismissals to new Navy officers, July 16, 2024, in Marín, Pontevedra, Galicia (Spain). The act of delivery of Royal Dismissals to the new officers of the Navy coincides with the celebration of the feast of the Day of Carmen, patron saint of the Spanish Navy. The new Navy officers are in charge of the command of the Force and Force Support units of the Navy, either on board ships or submarines, fighters and helicopters of the Aircraft Flotilla, or as part of the special operations units of the Special Naval Warfare Force. 16 JULY 2024 Beatriz Ciscar / Europa Press 07/16/2024 (Europa Press via AP)
King Felipe VI (left) salutes a new officer during the ceremony to present Royal Dismissals to new Navy officers, July 16, 2024, in Marín, Pontevedra, Galicia (Spain). The act of delivery of Royal Dismissals to the new officers of the Navy coincides with the celebration of the feast of the Day of Carmen, patron saint of the Spanish Navy. The new Navy officers are in charge of the command of the Force and Force Support units of the Navy, either on board ships or submarines, fighters and helicopters of the Aircraft Flotilla, or as part of the special operations units of the Special Naval Warfare Force. 16 JULY 2024 Beatriz Ciscar / Europa Press 07/16/2024 (Europa Press via AP)
King Felipe VI during the ceremony of Royal Dispatches to the new officers of the Navy, on July 16, 2024, in Marín, Pontevedra, Galicia (Spain). The ceremony coincides with the celebration of the feast of the Day of Carmen, patron saint of the Spanish Navy. The new Navy officers are in charge of the command of the Force and Force Support units of the Navy, either on board ships or submarines, fighters and helicopters of the Aircraft Flotilla, or as part of the special operations units of the Special Naval Warfare Force. 16 JULY 2024 Beatriz Ciscar / Europa Press 07/16/2024 (Europa Press via AP)
Iranian Shiite Muslims mourn during Ashoura ritual, commemorating the 7th century martyrdom of Prophet Muhammad's grandson, Hussein, in the battle of Karbala in present-day Iraq, at the old main bazaar of Tehran, Iran, Tuesday, July 16, 2024. Shiites represent over 10% of the world's 1.8 billion Muslims and view Hussein as the rightful successor to the Prophet Muhammad. (AP Photo/Vahid Salemi)
Iranian Shiite Muslims mourn during Ashoura ritual, commemorating the 7th century martyrdom of Prophet Muhammad's grandson, Hussein, in the battle of Karbala in present-day Iraq, at the old main bazaar of Tehran, Iran, Tuesday, July 16, 2024. Shiites represent over 10% of the world's 1.8 billion Muslims and view Hussein as the rightful successor to the Prophet Muhammad. (AP Photo/Vahid Salemi)
A sign at the intersection of Broad Street and Wall Street is shown on Tuesday, July 16, 2024, in New York. Wall Street is logging tiny gains early as earnings season revs up ahead of the release of U.S. retail sales data that could influence a decision by the Federal Reserve on interest rates. (AP Photo/Peter Morgan)
Iranian Shiite Muslims beat their chests during Ashoura mourning ritual, commemorating the 7th century martyrdom of Prophet Muhammad's grandson, Hussein, in the battle of Karbala in present-day Iraq, at the old main bazaar of Tehran, Iran, Tuesday, July 16, 2024. Shiites represent over 10% of the world's 1.8 billion Muslims and view Hussein as the rightful successor to the Prophet Muhammad. (AP Photo/Vahid Salemi)
Iranian Shiite Muslims mourn during Ashoura ritual, commemorating the 7th century martyrdom of Prophet Muhammad's grandson, Hussein, in the battle of Karbala in present-day Iraq, at the old main bazaar of Tehran, Iran, Tuesday, July 16, 2024. Shiites represent over 10% of the world's 1.8 billion Muslims and view Hussein as the rightful successor to the Prophet Muhammad. (AP Photo/Vahid Salemi)
A Bank of America ATM is seen, Wednesday, Feb. 3, 2021, in Winchester, Mass. Bank of America said Tuesday, July 16, 2024, its profits fell in the second quarter, as higher interest rates ate into expenses, including its large consumer banking franchise. But like Goldman Sachs, Bank of America saw a resurgence of activity in its investment banking division, which helped make up for some of the weakness in other parts of the business. (AP Photo/Elise Amendola)
In this photo taken from video released by the Russian Defense Ministry on Tuesday, July 16, 2024, Russian Army Chief of General Staff Gen. Valery Gerasimov, center, visits at the command post of the battlegroup East in an undisclosed location. On the left: commander of the battlegroup East Lt. Gen. Alexandr Sanchik, on the right: Deputy Chief of Russian Army General Staff Lt.-Gen. Sergei Rudskoy. (Russian Defense Ministry Press Service via AP)
Kylian Mbappe, of France, stands with his parents, former players Zinedine Zidane, left, and Jose Martínez Pirri, right, and Real Madrid President Florentino Perez, 2nd right, after being presented to fans as a new Real Madrid player at the Santiago Bernabeu stadium in Madrid, Tuesday, July 16, 2024. (AP Photo/Andrea Comas)
In this photo taken from video released by the Russian Defense Ministry on Tuesday, July 16, 2024, Russian Army Chief of General Staff Gen. Valery Gerasimov, left, gives an award during his visit at the command post of the battlegroup East in an undisclosed location. (Russian Defense Ministry Press Service via AP)
Shiite Muslims touch a horse, that symbolizes the horse that carried Imam Hussein during the battle of Karbala, during a Muharram procession, in Lahore, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/K.M. Chaudary)
Shiite Muslims flagellate themselves with knifes attached to chains in front of a horse, that symbolizes the horse that carried Imam Hussein during the battle of Karbala, during a Muharram procession, in Lahore, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/K.M. Chaudary)
Shiite Muslims flagellate themselves with knifes attached to chains during the battle of Karbala, during a Muharram procession, in Lahore, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/K.M. Chaudary)
Shiite Muslims flagellate themselves with knifes attached to chains during the battle of Karbala, during a Muharram procession, in Lahore, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/K.M. Chaudary)
Shiite Muslims participate in a Muharram procession, in Lahore, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/K.M. Chaudary)
Ukrainian soldiers carry the coffin of prominent right wing activist and soldier Mykola Kokhanivsky during his funeral ceremony on the city's main square in Kyiv, Ukraine, Tuesday July 16, 2024. Kokhanivsky was killed in a battle with Russian forces at the frontline near Kharkiv. (AP Photo/Efrem Lukatsky)
Ukrainian soldiers carry the coffin of prominent right wing activist and soldier Mykola Kokhanivsky during his funeral ceremony in St. Michael's Cathedral in Kyiv, Ukraine, Tuesday July 16, 2024. Kokhanivsky was killed in a battle with Russian forces at the frontline near Kharkiv. (AP Photo/Efrem Lukatsky)
A Ukrainian soldier attends the funeral ceremony for prominent right wing activist and soldier Mykola Kokhanivsky at St. Michael's Cathedral in Kyiv, Ukraine, Tuesday July 16, 2024. Kokhanivsky was killed in a battlefield with Russian forces at the frontline near Kharkiv. (AP Photo/Efrem Lukatsky)
Young Ukrainian soldiers hold the portrait and awards of prominent right wing activist and soldier Mykola Kokhanivsky during his funeral ceremony in St. Michael's Cathedral in Kyiv, Ukraine, Tuesday, July 16, 2024. Kokhanivsky was killed in a battlefield with Russian forces at the frontline near Kharkiv. (AP Photo/Efrem Lukatsky)
In this image released on Tuesday, July, 16, 2024, the Marc Cain Glam Look. The premium fashion company Marc Cain is expanding its webshop to include eight new countries. HANDOUT IMAGE - Please see Special Instructions. Press release and media available to download at www.apmultimedianewsroom.com/newsaktuell. (Marc Cain GmbH/News Aktuell via AP Images)
The Minister of Economy, Trade and Tourism, Carlos Cuerpo, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, and the Minister of Economy, Trade and Tourism, Carlos Cuerpo, arrive at a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The Minister of Economy, Trade and Tourism, Carlos Cuerpo, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The Minister of Economy, Trade and Tourism, Carlos Cuerpo, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The Minister of Economy, Trade and Tourism, Carlos Cuerpo, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The Minister of Economy, Trade and Tourism, Carlos Cuerpo, arrives at a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The Minister Spokesperson, Minister of Education, Vocational Training and Sport, Pilar Alegría, arrives at a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The Minister Spokesperson, Minister of Education, Vocational Training and Sport, Pilar Alegría, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The Minister Spokesperson, Minister of Education, Vocational Training and Sport, Pilar Alegría, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The First Vice-President and Minister of Finance, María Jesús Montero, during a press conference after the Council of Ministers, at the Moncloa Palace, on July 16, 2024, in Madrid (Spain). The Government approves today in the Council of Ministers the new macroeconomic framework, which will raise to 2.4% the estimated growth of the Spanish Gross Domestic Product (GDP) for this year and will improve to 2.2% the projection for the economy in 2025. Together with the new macroeconomic framework prepared by the Ministry of Economy, whose renewed estimates will be closer to the forecasts of national and international analysts, the Executive will give the 'green light' to the non-financial expenditure limit for 2025, known as the expenditure ceiling, as proposed by the Ministry of Finance, thus giving the starting signal for the preparation of next year's Budget. The new macroeconomic framework will be presented to the Council of Ministers by the Ministry of Finance. 16 JULY 2024 Eduardo Parra / Europa Press 07/16/2024 (Europa Press via AP)
The pack with Slovenia's Tadej Pogacar, wearing the overall leader's yellow jersey, climbs during the fifteenth stage of the Tour de France cycling race over 198 kilometers (123 miles) with start in Loudenvielle and finish on Plateau de Beille, France, Sunday, July 14, 2024. (AP Photo/Jerome Delay)
Shiite Muslims flagellate themselves with knifes attached to chains during a Muharram procession, in Peshawar, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Muhammad Sajjad)
A police officer stands alert on a rooftop to ensure security for Shiite Muslims attending a Muharram procession, in Peshawar, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Muhammad Sajjad)
Shiite Muslim boys flagellate themselves with knifes attached to chains during a Muharram procession, in Peshawar, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Muhammad Sajjad)
Shiite Muslims flagellate themselves with knifes attached to chains during a Muharram procession, in Peshawar, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Muhammad Sajjad)
Shiite Muslims beat their chest in a ritual during a Muharram procession, in Peshawar, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Muhammad Sajjad)
Shiite Muslims jostle to receive free food packets distributed by volunteers during a Muharram procession, in Islamabad, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Anjum Naveed)
Shiite Muslims jostle to receive free food packets distributed by volunteers during a Muharram procession, in Islamabad, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Anjum Naveed)
The jurist Jose Luis Gonzalez Cussac appears in the Consultative Commission of Appointments in the Congress of Deputies, on July 16, 2024, in Madrid (Spain). The seven jurists agreed by PP and PSOE -four members and three substitutes- to renew the General Council of the Judiciary (CGPJ) and to be appointed by the Congress have explained during their appearance their professional career and have asked the Parliament for their suitability. Vox has left the session to evidence its rejection of the agreement. 16 JULY 2024 Alejandro Martínez Vélez / Europa Press 07/16/2024 (Europa Press via AP)
The jurist Jose Luis Gonzalez Cussac appears in the Consultative Commission of Appointments in the Congress of Deputies, on July 16, 2024, in Madrid (Spain). The seven jurists agreed by PP and PSOE -four members and three substitutes- to renew the General Council of the Judiciary (CGPJ) and to be appointed by the Congress have explained during their appearance their professional career and have asked the Parliament for their suitability. Vox has left the session to evidence its rejection of the agreement. 16 JULY 2024 Alejandro Martínez Vélez / Europa Press 07/16/2024 (Europa Press via AP)
The jurist Jose Luis Gonzalez Cussac appears in the Consultative Commission of Appointments in the Congress of Deputies, on July 16, 2024, in Madrid (Spain). The seven jurists agreed by PP and PSOE -four members and three substitutes- to renew the General Council of the Judiciary (CGPJ) and to be appointed by the Congress have explained during their appearance their professional career and have asked the Parliament for their suitability. Vox has left the session to evidence its rejection of the agreement. 16 JULY 2024 Alejandro Martínez Vélez / Europa Press 07/16/2024 (Europa Press via AP)
The jurist Jose Luis Gonzalez Cussac appears in the Consultative Commission of Appointments in the Congress of Deputies, on July 16, 2024, in Madrid (Spain). The seven jurists agreed by PP and PSOE -four members and three substitutes- to renew the General Council of the Judiciary (CGPJ) and to be appointed by the Congress have explained during their appearance their professional career and have asked the Parliament for their suitability. Vox has left the session to evidence its rejection of the agreement. 16 JULY 2024 Alejandro Martínez Vélez / Europa Press 07/16/2024 (Europa Press via AP)
A Shiite Muslim boy holds a knife attached to chains during a Muharram procession, in Islamabad, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Anjum Naveed)
A Shiite Muslim flagellates himself with knife during a Muharram procession, in Islamabad, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Anjum Naveed)
A Shiite Muslim cuts himself with knife during a Muharram procession, in Islamabad, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Anjum Naveed)
Shiite Muslims participate in a Muharram procession, in Islamabad, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Anjum Naveed)
A Shiite Muslim flagellates himself with knifes during a Muharram procession, in Islamabad, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Anjum Naveed)
Shiite Muslims participate in a Muharram procession, in Islamabad, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Anjum Naveed)
Shiite Muslims participate in a Muharram procession, in Islamabad, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Anjum Naveed)
Shiite Muslims beat their chest in a ritual during a Muharram procession, in Islamabad, Pakistan, Tuesday, July 16, 2024. Muharram, the first month of the Islamic calendar, is a month of mourning for Shiites in remembrance of the death of Hussein, the grandson of the Prophet Muhammad, at the Battle of Karbala in present-day Iraq in the 7th century. (AP Photo/Anjum Naveed)