Artículos
Adapting to uncertainty: How the EU can navigate industrial and trade challenges in a fragmented world
Autores:
Carnicero Urabayen, Carlos
In a rapidly changing global landscape, the European Union (EU) faces unprecedented challenges to its industrial production and trade relationships. From the impacts of the ongoing war in Ukraine to increasing tensions with the United States and China, Europe’s economic model, long reliant on exports,…
Spain’s gender pay gap: Convergence faces upcoming challenges
Autores:
Martínez, Ángel
Over the last two decades, Spain’s gender pay gap has narrowed significantly, from 29% in 2002 to 17% in 2022. However, recent stagnation in convergence is prompting a debate about the policies that need to be adopted for continued progress in the years to come.
Regional financing reforms and the Catalan agreement
Autores:
Lago Peñas, Santiago
The recent fiscal agreement reached with Catalonia seeks to increase the region’s fiscal autonomy, bringing with it the potential to reshape Spain’s autonomous financing framework. Nevertheless, while implementation faces challenges, it underscores the need for comprehensive debate on the future of Spain’s interregional equity and…
Countercyclical capital in Spanish banks: A review in the context of capital buffers
In efforts to achieve convergence with EU supervisory standards and in response to recommendations from the European Systemic Risk Board (ESRB), the Bank of Spain has recently announced significant revisions to the countercyclical capital buffer (CCyB), increasing it gradually from 0% at present to 1%…
The ECB’s new monetary playbook
In 2024, the European Central Bank (ECB) introduced a “new monetary playbook,” emphasizing the transition from a rigid rulebook to a more adaptive and flexible operational framework to address today’s complex economic landscape. While not without risks, this “new monetary playbook” marks a new era,…