Articles
Significance and characteristics of burden-sharing in the recapitalization of Spanish banks
Fecha:
May 2013
One of Spain’s commitments under the MoU signed with the EU for aid to the financial sector was to carry out a so-called burden-sharing exercise. Current estimates for the impact of the exercise point to a private sector contribution of nearly 13 billion euros, i.e.
Recent progress on bank restructuring and recapitalization in Spain
Fecha:
May 2013
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.
Fragmentation of the European financial market and the cost of bank financing
Fecha:
May 2013
The impact of the crisis has halted the process of interest rate convergence, which had been taking place following the creation of the European Monetary Union (EMU), and ushered in a new period in which the interest rate differences between countries have widened.
Propuestas para el crecimiento económico y la viabilidad del Estado del bienestar
Fecha:
April 2013
ES:
A pesar de varias décadas de desarrollo, los constantes esfuerzos para reducir radicalmente la pobreza mundial apenas han conseguido pequeños avances.
Movilidad de los ingresos en España: el efecto de la crisis
Fecha:
April 2013
ES:
Analizamos la movilidad de los ingresos en España en el periodo 2003-2009 y el impacto de la crisis. Observamos que los ingresos en términos reales han disminuido desde 2007, mientras que la desigualdad y la pobreza han aumentado.