GDP performed rose more than expected in Q1 24GDP advanced 0,7% qoq and 1,4% yoy in the Q1 24, above our predictions, putting upside risks to the current forecasts of a 1,6% annual growth rate in 2024. For the rest of the year, we expect that Q2 will still be conditioned by the impact of high financing costs, but as the easing cycle by the ECB begins, an acceleration of activity is expected. More robust balance sheets in the public sector, companies and households (low debt levels), a still robust labour market, the acceleration of reforms and the RRP execution should also be key to growth dynamics in the next couple of years.