Artículos
How fiscal choices and trade strategy shape Europe’s productivity
Autores:
Carnicero Urabayen, Carlos
Europe’s productivity performance is often explained by technology, skills or firms’ behaviour.
Spain’s insurance sector: Underpinning market confidence in the broader financial system
Autores:
Manzano, Daniel
The Spanish insurance industry continues to demonstrate financial strength, solvency, and stable profitability, acting as a buffer for the broader financial system. A conservative investment profile and steady income growth highlight the sector’s resilience even amid market volatility.
Spanish banks: Renewed strength and credibility in wholesale markets
Spanish banks have cemented their status as consistent and credible issuers in wholesale markets, reflecting stronger fundamentals and investor confidence, with lower spreads and broader participation marking a new phase of stability for the sector. However, continued reliance on wholesale funding underscores the importance of…
Public revenue in Spain: Strong momentum meets demographic headwinds
Autores:
Romero Jordán, Desiderio
Tax receipts continue to surge on the back of job creation, corporate profits, and fiscal drag. Yet, the ageing population is quietly reshaping personal income tax dynamics, posing long-term sustainability risks.
Fiscal progress despite budget stalemate: Spain’s deficit contracts amid political gridlock
Autores:
Lago Peñas, Santiago
Despite operating without a new budget for two consecutive years, Spain has made notable progress in fiscal consolidation. Strong tax revenue growth and a buoyant labour market have offset the political impasse, allowing the deficit and debt ratios to continue falling.