This Technical Note discusses the findings and recommendations in the Financial Sector Assessment Program for Spain regarding institutional arrangements for financial sector oversight. The macroprudential policy framework for banking is now in place, although the national macroprudential...

This paper discusses key findings of the Second Post-Program Monitoring Discussions with Portugal. Portugal's economic recovery remains on track in 2015, boosted by rising exports and consumption, together with a recent upturn in investment. Real GDP expanded by 1.5 percent (year-over-year) in...