Spain: Recovery on track

Letter from the Editors


The “eurobond” proposal:
A challenging path towards integration

Discussions over the creation of a eurobond date back prior to the creation of the single currency itself. No matter how strong political opposition ...


Spanish banks’ presence in
Latin America: Opportunity, but not without risk

Structural conditions in Latin America and the latest operating results of Spanish banks in the region continue to support the strategy of growing the Latin ...


Financial digitalisation in
Spain: Projections for 2017-2020

Spain has made significant progress on its digital agenda over recent years, specifically in financial digitalisation. Although lagging behind the European ...


Evolution of NPLs at the
European level: A flows perspective

The still high volume of doubtful assets across the European banking system remains one of the main issues of concern among European and international ...

Real estate

Spain’s housing
sector: Situation and outlook

Despite the recovery in Spanish households’ housing demand, it is not being effectively transmitted into growth in home prices, but rather boosting ...


Rising consumption, but not without risks

Household consumption has rebounded very significantly since the start of the recovery in 2014. But the simultaneous drop in savings poses an important ...


Wages, productivity
and corporate management

The Spanish economy faces major challenges to sustainably and significantly raise productivity. Improving corporate management quality could help smaller ...

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: September 2017
Funcas Economic Trends and Statistics Department
Key Facts
Economic Indicators
Financial System Indicators
Social Indicators