Spain in the context of heightened global uncertainty

Letter from the Editors

The Spanish economy:
Recent developments and forecasts for 2017

Spanish economic growth exceeded expectations over the past two years and remains above the eurozone average. Recovery remains on track for 2017, albeit at a ...

Spain’s real estate sector:
Slow path to recovery and future outlook

The Spanish real estate sector is slowly recovering in the wake of the crisis and its contribution to Added Value (AV) is due to an increase in activity in ...

The normalisation of US monetary
policy and its spillover implications

In the US, the economic recovery and the new president’s fiscal policy will determine the pace of monetary tightening, which is expected to be more ...

Outlook for the Spanish
financial sector ahead of Brexit

Uncertainties surrounding Brexit and its upcoming implementation are expected to bring a series of challenges for Spain – a country with strong economic ...

The Autonomous Regions’ funding
model: Between the State and the markets

In 2016, the State and some of the Autonomous Regions have been able to take advantage of favourable market conditions to improve their public debt dynamics ...

IFRS 9: A new model for
expected loss provisions for credit risk

The entry into force of IFRS 9 next year marks a fundamental change in the provisioning paradigm for financial institutions, moving away from the actual, ...

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 2017
Funcas Economic Trends and Statistics Department
Key Facts
Economic indicators
Financial system indicators