The Bank of Spain has cautiously acknowledged praise of its supervisory model in the banking system, but is preferring to keep out of the limelight whilst the global financial system undergoes reform. The caution which characterizes the Spanish supervisory banking model has made it one of the big winners in the financial crisis. Authoritative institutions [...]
The government wants to convey a message of assurance to Spanish savers to combat the “quasi recession” repeating the same messages over and over again to quell fears of a financial storm and keep it at a safe distance.
It is fair to say that public speaking is not one of the Spanish Finance Minister Pedro [...]
The tangle of measures drawn up by the government, led by José Luis Rodriguez Zapatero, to combat the current financial crisis contrasts heavily with the rest of Europe’s leaders: faced with humble initiatives with no budget to back them and following months of inactivity the rest of Europe’s superpowers have instead decided on a grass [...]
