Manuel Escudero, a prominent economist and the president of the Avanza Foundation, the think tank associated with Spain's Socialist Party (PSOE), has died at the age of 79. His passing was confirmed by the party through social media, where they expressed deep sorrow and acknowledged his significant contributions towards social justice and progress in Spain. The PSOE highlighted Escudero's legacy as one of service, intelligence, and commitment, leaving an indelible mark on the political landscape in the country.

Escudero played a vital role in shaping the policies and ideas of the PSOE, particularly during Pedro Sánchez's primary campaign in 2017, where he offered his support. His involvement extended beyond mere political alignment as he was deeply rooted in the party's executive structure, being seen as a vital thinker who contributed to the progressive values that the PSOE stands for. The party's message commemorating his life reflects his status as a respected figure who influenced many contemporary social and economic discussions in Spain.

The loss of Manuel Escudero is felt profoundly within the PSOE, as leaders including Pedro Sánchez have elaborated on his legacy as someone who constantly pushed for progressive policies and fostered critical thinking in political discourse. His passing marks the end of an era for the think tank where he was recognized for not only his academic qualifications but also his heartfelt dedication to social causes that align with the party's vision of progress for Spain.