Artículos

As geopolitical tensions rise and technology becomes ever more central to growth, the European Union faces a fundamental question ...

Spain’s long-term care system faces a dual transformation – rapid population ageing and a shift toward personalized, deinstitutionalized care. Meeting these challenges will require doubling the workforce by 2030 and addressing precarious labor conditions.

Despite rapid growth in terms of capitalization and rising cross-border flows, dollar-backed stablecoins face significant barriers in the Euro Area. Exchange rate and issuer risks, coupled with strict EU regulation, private initiatives and the digital euro project, limit their potential to disrupt European financial systems; however, regulators and traditional financial services providers should continue to pay close attention to the fast development of decentralized finance and key assets like stablecoins.

Spanish corporations have undergone a sharp deleveraging in the last decade, leaving aggregate indebtedness below the EU and eurozone averages. However, behind this aggregate
figure lie significant differences by company size, sector, and region.

The 2025 stress tests by the Fed and EBA revealed stronger-than-expected resilience, despite harsher adverse scenarios. Improved profitability and net interest margins drove smaller capital depletion, challenging conventional expectations.