>>17890486They were good for France, the so called French hegemony was a thing because of Louis XIV.
For Spain they were terrible, they did milk Spanish wealth for France first, and then for British and Americans later on during the past century. Not counting the warfare they made on Spanish culture at the moment they arrived or the constant delivery of territories since they arrived. Sicily, Sardinia, Naples, Belgium, Cuba, Florida, Philippines, W. Sahara, Hispaniola, Curazao, the peninsula itself to Napoleon, etc.