Spain
A model for market expectations about inflation
The Bank of Spain has devised a new model for market expectations about the inflation rate.
Spain appoints new deputy amidst first bailout
The Spanish government named Francisco Javier Ariztegui as the Bank of Spain's new deputy governor on Friday.
Spain's Vinals to succeed Caruana at IMF
Jose Vinals, is the new director of the International Monetary Fund's (IMF) monetary and capital markets department, replacing Jaime Caruana, now general manager of the Bank for International Settlements.
Ordoez urges labour reform
Labour-market reform is crucial for the Spanish economy's future, said Miguel Ordoez, the governor of the country's central bank.
Basel Committee to broaden implementation remit
The Basel Committee on Banking Supervision today announced that it is broadening the mandate of its Accord Implementation Group (AIG).
Competition lowers bank-market spreads on loans
Banks price their loans more in line with the market interest rate in countries with stronger loan market competition, says a new paper from the Bank of Spain.
Spain's Ordoez hails early warners
Miguel Fernandez Ordoez, the governor of the Bank of Spain, paid tribute to the insights of two economists who warned against the dangers of excessive leverage and argued for counter cyclical capital rules.
Study of EU bank acquisitions
A new paper from the Bank of Spain analyses bank acquisitions both within and across the EU25 countries betwenn 1997 and 2004.
Spain's Ordonez - monetary policy to blame
Miguel Fernandez Ordonez, the governor of the Bank of Spain, has blamed central banks' reluctance to raise rates in the wake of the dotcom crash as the principal cause of the current crisis.
Spain sets up €50 billion rescue fund
Madrid on Tuesday said it would establish a rescue fund to buy high-quality assets from its banking industry, hampered by a downturn in the country's housing market and the global turmoil.
Global factors have greater impact on EM inflows
The significance of global factors on the volatility of capital flows to emerging countries have increased in recent years relative to country-specific factors, a new paper from the Bank of Spain finds.
Local lenders apply tougher credit standards
Collateral requirements are more stringent for business loans granted by local lenders than those granted to firms further away, a paper published by the Bank of Spain finds.
Simpsons cartoon hero coined on euro
A Spanish shopkeeper has found a defaced euro coin bearing the head of Homer Simpson, the star of the Simpsons cartoon series.
Asset shortages lead to bubbles
High asset-price volatility may be a natural consequence of asset shortages, finds a new paper from the Bank of Spain.
Bank of Spain - Annual Report 2007
The greater flexibility achieved in the Spanish labour market in recent years has largely been the result of the galvanising effect exerted by immigrant workers, the Bank of Spain states in its latest Annual Report.
Runaway Eurozone inflation hits fresh high
Annual inflation in the euro area surged in May to a record high of 3.7%, up from 3.3% the previous month.
Tough rules have aided Spanish banks: Ordoez
The Bank of Spain's approach to supervision helped ensure that the recent global financial turmoil had limited impact on the country's banking sector, Miguel Fernandez Ordoez, the governor of the central bank, said.
Spain's Ordoez on emerging markets
One of the most surprising features of the recent turmoil is the resilience of most emerging market economies, said Miguel Fernandez Ordoez, the governor of the Bank of Spain.
Money matters in the US and euro area
A new paper from the Bank of Spain provides structural estimates for money and the natural rate of interest for the United States and the euro area.
Cyprus and Malta join gold agreement
Cyprus and Malta, the two newest members of the eurozone, have signed up to the Central Bank Gold Agreement, which limits the amount of gold cooperating institutions can sell.
Decision supports ECB on counterfeit check
The European Central Bank (ECB) won backing from a French court on Wednesday for the right to use a method to detect fake notes.
Spain's Ordoez upbeat on eurozone growth
Sound fundamentals and robust global growth should support relatively favourable medium-term economic conditions in the eurozone, says Miguel Fernandez Ordoez, the governor of the Bank of Spain.
EMU leads to bond-market convergence
Economic and monetary union in Europe has led to substantial convergence in euro-area sovereign bond markets, according to research published by the San Francisco Federal Reserve.
Spain's Solbes supports Trichet on Sarkozy debate
Pedro Solbes, the Spanish finance minister, indicated that he would side with Jean-Claude Trichet, the president of the European Central Bank (ECB), over his recent exchange with Nicolas Sarkozy, the French president.