Artículos
Page 114 of 1351
Spain’s resilience amidst geopolitical turmoil
7 diciembre 2023
Today we take a bit of a step back and reflect on key developments that have impacted European public finances in the last couple of years.
Autores: Torres, Raymond
Deposit remuneration in Spain
29 noviembre 2023
The ultra-expansionary monetary policy in place until 2021 had the obvious benefit of providing official liquidity at a time when the banks were finding it hard to raise it privately. The disappearance of that official liquidity will foreseeably translate into higher deposit
betas across the eurozone, including in Spain, where the process is already beginning to accelerate, albeit with a lag relative to the eurozone average.
Autores: Carbó Valverde, Santiago, Rodríguez Fernández, Francisco
Etiquetas: Deposit remuneration
The resurgence of insurance products in Spain
In what looks to be the tail end of the monetary policy tightening cycle, the insurance business in Spain is staging spectacular growth in revenue (premiums), fuelled by life
insurance products. With rates now looking more likely to stay high for longer, momentum in these products is expected to continue; however, from a broader perspective, the sector is likely to suffer, particularly in the non-life business, from the economic slowdown and high costs of claims in the motor insurance segment.
Autores: Manzano, Daniel
Etiquetas: Insurance sector
Mortgage prepayment: An alternative to saving
After one year of intense interest rate increases, coupled with very slow pass-through to deposit rates, households have moved decisively to reconfigure their savings, and also
their borrowings. In this process of recomposition of household financial flows and the search for an alternative to deposits, the early cancellation of debts, especially variable rate mortgages, which are undoubtedly the most affected by the rise in interest rates, has
gained increasing significance.
Autores: Alberni, Marta, Berges, Ángel, Rodríguez, María
Etiquetas: Mortgage prepayment
EU fiscal rules reform and Spain’s fiscal position
After Spain’s public deficit initially soared to 10% of GDP and the public debt level rose to historical highs of 120% of GDP in the wake of the pandemic, reactivation of the economy and significant growth in tax revenue has since helped to underpin improvement in the
county’s fiscal metrics. However, under a stricter EU fiscal framework, budgetary stability in Spain will face significant hurdles, unless further fiscal adjustments and reforms are
implemented.
Autores: Lago Peñas, Santiago
Etiquetas: Rules reform
Page 114 of 1351