Artículos
Page 119 of 1351
One year of rate increases: Impact assessment
4 octubre 2023
Monetary policy remains immersed in an intense battle to stem inflation, manifesting itself through a quick succession of interest rate increases and consequently raising eurozone borrowing rates across the board. Credit has already contracted, and the cost of debt has increased, but the duration of the tightening cycle remains unclear as monetary authorities have signalled that their policy approach remains conditional upon the path of inflation.
Autores: Carbó Valverde, Santiago, Rodríguez Fernández, Francisco
Etiquetas: Rate increases
Allocation of NGEU funds in Spain: Companies and sectors
As of December 2022, Spain was not even at the halfway mark as regards allocation of the non-reimbursable component of funds awarded under Next Generation EU (NGEU), as tenders and grants (35.83 billion euros), reached 43.7% of the total assigned to Spain by this point. Given that Spain has until August 2026 to implement the funds, the country will need to accelerate implementation, all the more so considering the additional funds awarded under the June 2023 Addendum.
Autores: Maudos, Joaquín
Etiquetas: NGEU funds
The coming fiscal adjustment in Europe
Whether or not there is a reform of the rules for European macroeconomic policy coordination, policymakers across Europe will need to begin consolidating their fiscal accounts. The high rate of inflation in the wake of the pandemic has eased some of that adjustment burden, but the swift monetary tightening introduced to calm rapid price increases will add to the challenge.
Autores: Jones, Erik
Etiquetas: Fiscal adjustment
China’s debt domino effect: Is the world economy at risk?
29 septiembre 2023
China’s debt has been rising dramatically over the past decade. Some are arguing that this represents a risk for its own stability and that, ultimately, considering China’s size, a bursting of the debt bubble could trigger a new episode of global financial stress.
Autores: Torres, Raymond
El inminente ajuste fiscal en Europa
27 septiembre 2023
El panorama fiscal europeo experimentó un giro significativo a raíz de la pandemia de COVID-19,
resultando en un aumento pronunciado de la deuda pública. En respuesta, la Comisión Europea invocó
la “cláusula general de salvaguardia” del Pacto de Estabilidad y Crecimiento en marzo de 2020 para
permitir un gasto público adicional.
Autores: Jones, Erik
Etiquetas: Ajuste fiscal, Europa, Política fiscal, Tipos de interés
Page 119 of 1351