Financing latest publications

September 6, 2021

Global | Resilience – far more than a cliché

In Spanish, the term “resilience” only really became popular after the 2008 financial crisis, but today it has taken center stage in all economic policy debate.

March 8, 2021

Global | Tolerance to higher rates

The increase in long-term interest rates has generated some anxiety in the markets, but this should not pose a threat to global growth.

December 16, 2020

Spain | Insolvency proceedings: a useful mechanism but that still has room for improvement

A sound system that enables corporate restructurings and insolvencies to be managed quickly and efficiently, that strives to help viable companies stay afloat and ensures that creditors' and debtors’ rights are protected, is key to a country's financial stability.

October 5, 2020

Europe | One step closer to the Capital Markets Union

The European Union has resumed one of its most ambitious projects: the Capital Markets Union. The European Commission's first action plan was announced five years ago (2015), but no real progress in the integration of the European markets has been seen since then, despite the great legislative effort of recent years.

June 22, 2020

Europe | Massive Demand for Liquidity to Lend to Companies

Last Thursday, we learned that eurozone banks requested a large amount of liquidity (EUR 1.3 trillion) from the ECB's fourth TLTRO III operation.

December 16, 2019

Emerging resistance

Emerging assets have successfully managed to overcome a turbulent year, marked by increased protectionism and fears of a sharp slowdown in the world economy.

November 25, 2019

Honor Your Debts

The publication of world debt data, compiled by the Institute of International Finance (IIF) from various sources, estimates that debt increased again in the second quarter of 2019, reaching 320% of GDP worldwide.

November 21, 2018

Argentina | Financing the infrastructure gap

Budgetary constraints in the public sector and the poor development of the financial system make it convenient to involve the private sector in investment in infrastructure. The regulatory framework mitigates risks but does not completely isolate the effects of country risk volatility, knowledge about past corruption and la…