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Spain: Financial Sector Reform: Second Progress Report

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2013. "Spain: Financial Sector Reform: Second Progress Report," IMF Staff Country Reports 2013/054, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2013/054
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=40366
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    Cited by:

    1. Boris Blagov & Michael Funke & Richhild Moessner, 2015. "Modelling the time-variation in euro area lending spreads," BIS Working Papers 526, Bank for International Settlements.

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