Policy challenges and implications two years after the pandemic

Letter from the Editors

Spanish economy

Outlook for the Spanish economy in light of rising inflation

As the COVID-19 pandemic drags on, Spain is grappling with a sharp rise in inflation brought on mainly by higher electricity and energy prices. While inflation ...

Macropolicy mix

Recovering from the pandemic: The role of the macroeconomic policy mix

A new emphasis on policy coordination to mitigate the economic consequences of the COVID-19 pandemic led to a faster than expected European economic recovery, ...

Banking sector

Spanish banks and monetary policy in 2022

With the COVID-19 pandemic still threatening economic recovery and inflation running the highest it has this century, monetary authorities in the US and Europe ...

Banking margins

Impact of the TLTRO and negative rates on banking margins

Spanish and European banks’ net interest margins (NIM) are proving highly volatile due to the “volume effect” on credit, as well as the ...

Zombie firms

Zombie firms: An analysis of business sector vulnerability post-COVID-19

Many companies that were not viable before the pandemic have survived thanks to financing and policy measures aimed at keeping money and credit flowing during ...

Corporate venturing

Tapping into know-how and innovation through corporate venturing

To thrive in an era of rapid technological change, companies have two main options – to innovate from within or to grow externally, through partnerships ...

Regulation and Economic Outlook
Recent key developments in the area of Spanish financial regulation
Prepared by the Regulation and Research Department of the Spanish Confederation of Savings Banks (CECA)
Spanish economic forecasts panel: January 2022
Funcas Economic Trends and Statistics Department
Key Facts
Economic Indicators
Financial Indicators
Social Indicators