MODIFICACIONAUTORES
Recent progress on bank restructuring and recapitalization in Spain
Over the period from March to May 2013, Spain has taken key actions in several areas as stipulated by the MoU with the EU, including: i) the restructuring and recapitalization of nationalized banks, complete with burden-sharing mechanisms for Group 1 and Group 2 banks; ii) the est.
The Spanish mortgage debt market: Key features and considerations for regulatory reforms
Spanish households are facing a substantial deleveraging challenge. Even if the average mortgage loan has declined from 150,647 euros in 2009 to 112,875 euros in 2012, residential mortgage debt still represents around 64% of Spanish GDP.