Articles

Articles

The impact of the COVID-19 crisis on businesses and the self-employed

Autores:
The COVID-19 crisis prompted a slowdown in business creation across all the main legal forms of incorporation, but underpinned a continuation of a trend observed even prior to the onset of the pandemic– a shift away from limited liability companies to individuals. In order to…

State guarantees and latent non-performance

Spain´s public guarantee scheme has served to ease the effects of the pandemic and now of the war on the country´s business segment, thus containing the materialisation of nonperforming loans. Going forward, while a potential increase in the incidence of business non-performance is expected in…

Financial digitalisation in Spain in the wake of the pandemic: Assessing the impact

The pandemic has accelerated the push towards digitalisation in Spain on multiple fronts. This trend has been particularly significant within the financial arena, with Spaniards increasing reliance on online banking and payments methods, as well as their interest in crypto-assets, while at the same time…

Strong recovery in 2021 tax revenue: Contrasting with the previous crisis

The contraction in 2020 tax receipts as a result of the pandemic and the associated mobility and business restrictions was mitigated by the government´s crisis response measures. In contrast to the wake of the previous crisis of 2008, in the space of just one year,…

Responses to the energy crisis: The cases of Germany, France, Italy and Spain

Autores:
The emergency measures rolled out in Germany, Spain, France and Italy to mitigate the impact of the war in Ukraine provide a short-term solution to the budding energy crisis. However, their long-term efficacy is questionable, and they also exacerbate tensions between inflation-curbing targets and energy…

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