Martinez-Mongay, C.; Lasierra, L.A. Maza; Igal, J. Yaniz - Directorate-General Economic and Financial Affairs, … - 2007
At about 3¾% for more than 10 years in a row, Spain is enjoying the longest period of sustained growth above the euro … the increase in tax revenues, observed in Spain between 1995 and 2006, might be of a transitory nature and would disappear … in EMU because the likelihood of occurrence of asset booms may be relatively high when the monetary-policy stance is far …