Articles
Conjunctural indicators for the Eurozone in June 2022
Autores:
García Sanz, Almudena
The PMI Composite Index reached 52 in June, the lowest level since February 2021. This suggests a marked slowdown in economic activity at the end of Q2.
Is the ECB getting it right?
Autores:
Torres, Raymond
After Christine Lagarde announced a few days ago a substantial increase in interest rates (0,5%) and an anti-fragmentation mechanism - so called TPI - to prevent another debt crisis, we've asked Raymond Torres, Funcas Europe Director, to explain the main drivers behind this important decision.…
Readiness of the Spanish insurance sector in a shifting economic and financial environment
Increasing interest rates and rising inflation bring a mixture of opportunity and concern for Spain's insurance sector. Rising rates should support life insurance and savings products, while slowing growth and higher inflation may erode demand and margins for other products and segments.
Revenue and employment at Spanish manufacturing firms reach pre-pandemic levels
Autores:
Moral, María José
Spain’s manufacturing industry has overcome the pandemic induced bust, but sector level trends appear to be diverging. In most sectors, revenue and employment are above pre-pandemic levels, while other sectors have used the pandemic to find efficiencies and downsize workforces, with the transportation material sector…
The shifting income structure of Spanish banks
Autores:
Maudos, Joaquín
While recording among the lowest share of fee and commission income as a percent of total earnings compared to other EU banks, in line with their peers, Spanish banks too adapted to the low interest rate environment by raising fee and commission revenues. With interest…