entrance of Spain in the exchange rate mechanism (ERM). This result suggests that the successful disinflation experienced in … Spain in the past few years may be more related to domestic conditions than to foreign ones …

The general government in Spain is composed of the State (central) government, the social security system, 17 regional …

, France, Japan, the Netherlands, Norway, Spain, Sweden and the United Kingdom. Together, these agreements provide a total of …

, Portugal, and Spain. While France, Italy, and Portugal have experienced substantial export market share losses, Greece and … Spain performed relatively well. Export market share losses appear associated with rigidities in resource allocation …

current literature and apply it to the Mediterranean Quartet (MQ) of Greece, Italy, Portugal, and Spain, whose common pattern …

EXECUTIVE SUMMARY Spain’s ESM-supported program of financial sector reform aimed to assist economic recovery by … promoting financial stability. The program was adopted in mid-2012. At the time, Spain’s real-estate bust and the euro-area debt … developed in consultation with Spain’s European partners, was supported by ESM financing, and was consistent with the main …

Germany, Greece, Ireland, Italy, Spain and Portugal. The stability of Germany is a close proxy for the resilience of the euro … during 2009–12 were due to idiosyncratic factors, market developments in Italy and Spain contributed significantly, likely …’s sovereign CDS despite initial widespread concerns about such linkages. Spain and Italy show a notable co-dependence in …

This paper discusses findings of Fourth Progress Report on Spain’s financial sector reform. Implementation of Spain … reforms of Spain’s financial sector framework have been adopted or put in train. Despite recent improvements, important risks …

This Selected Issues paper analyzes Spain’s sustainable growth rate. It sheds some light on Spain’s medium-term growth … experience of countries in the aftermath of financial crisis. The paper suggests Spain is likely to face a long period of …