MODIFICACIONAUTORES
Highlights of Spain’s new financial sector reform
Spain has just approved its second financial reform this year, containing complementary measures to those approved last February, with an aim to clean-up banks’ balance sheets.
MODIFICACIONAUTORES
Spain has just approved its second financial reform this year, containing complementary measures to those approved last February, with an aim to clean-up banks’ balance sheets.
While a significant degree of public attention on Spanish imbalances has been devoted to the public debt, Spain does not seem to have a comparative disadvantage relative to its European peers where public debt levels are concerned.
Over the past few years, the Spanish banking sector, an in particular the savings banks sector, has undergone a period of profound, historical change.