Articles
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Newsletter: Addressing climate change: Fit for 55 proposals and challenges
25 August 2021
We start the new course with a video interview about the Fit for 55 Commission proposal, the legislative roadmap to trigger a green transformation in Europe and meet the target of cutting greenhouse emissions by 55% in 2030. Our editorial coordinator Carlos Carnicero Urabayen has interviewed Lara Lázaro, Senior Analyst at Elcano Royal Institute. More on this below.
Autores: Torres, Raymond
New era, new strategy: the ECB’s revised approach to monetary policy
2 August 2021
On 8 July 2021, the European Central Bank revealed its revised monetary policy strategy. It had been a long time coming: the previous strategy had been in place for eighteen years and even then had not changed much from the original strategy agreed in October 1998, just prior to the launch of monetary union. A review to be concluded by the end of 2020 had been announced in January 2020, but was extended in April 2020, because of the pandemic, until the second semester of 2021.
Autores: Begg, Iain
Institutional reforms: A source of productivity gains for the Spanish economy
22 July 2021
Spain’s declining total factor productivity is partially attributed to institutional weaknesses in areas such as transparency, the justice system, regulation, and government coordination. If left unaddressed, it could undermine Spain’s successful transition to the digital/green economy.
Autores: Arias, Xosé Carlos
Tags: Institutional Framework
The outlook for the deficit: The calm before the storm
It will require a concerted effort to bring down Spain’s deficit and debt levels, involving higher annual reductions than those prior to the pandemic. However, it is not just the central government which needs to address this issue, with many regional governments facing financial challenges ahead.
Autores: Lago Peñas, Santiago
Tags: Fiscal Accounts
The Spanish housing market post COVID-19
While COVID-19 did lead to an initial correction in Spain’s housing market, costs of homepurchases have continued to rise, albeit with some differences across regions and type of housing. This has furthered a debate around housing affordability, including some misguided calls for rent controls.
Autores: Carbó Valverde, Santiago, Rodríguez Fernández, Francisco
Tags: Housing Market
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