European Parliament Library

Spain :, Financial Sector Reform: Second Progress Report

This article is a report of Spain’s progress in financial sector reforms. The key reforms in the financial sector have been either adopted or designed. The economy has risks at times as it takes up the challenges of correcting pre-crisis imbalances. The economy may face decline, but financial markets have significantly improved. Financing from banks is a major source of finance for households and firms. Exports contribute to the increasing economy in spite of global competition. The Executive Board welcomes this development of Spain's financial sector
Table Of Contents
Cover; CONTENTS; THE MACRO-FINANCIAL CONTEXT; A. The Real Economy; B. Financial Markets and External Financing; C. Credit Conditions; D. Outlook and Risks; PROGRESS ON FINANCIAL SECTOR REFORM; A. Bank Recapitalization and Resolution; B. SAREB; C. Ensuring Adequate Aggregate Credit Supply; D. Savings Bank Reform; E. Reform of the BdE's Regulatory and Supervisory Powers; F. Reform of the BdE's Supervisory Procedures; G. Addressing Personal Debt Distress; TABLES; 1. Main Economic Indicators, 2009-2018; 2. Selected Financial Soundness Indicators, 2006-2012; 3. Monetary Survey, 2010-2018; FIGURES
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (48 p.)
Specific Material Designation
Form Of Item

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