Escrivá Denies that the Banco De España Has Technical Capacity to Analyse Pensions

The Banco de España is preparing to abandon the condition of "pepito grillo" of the sustainability of the public pension system that it has been actively and persistently exercising for at least a decade. For the governor of the institution since last September, José Luis Escrivá, who is also the intellectual author of the pension reform currently in force, there are bodies such as Airef that have a greater technical capacity than the supervisor…

The governor of the Banco de España, José Luis Escrivá, has denied that the institution is able to carry out a thorough analysis of pensions and has transferred that responsibility to the Independent Tax Liability Authority (Airef). Thus he has answered the lack of mention on this matter in the annual report published last week. “Not by far does the bank have the technical capacity to contribute added value to what the Fiscal Authority does abou…

The governor of the Banco de España, José Luis Escrivá, breaks decades of tradition in his institution and denies "technical capacity" at his service of studies for...

The Banco de España has studied the evolution of the pension system over the last decades because of its impact on budgetary stability and the warnings regarding the sustainability of the system in its annual reports have been constant. Read

The governor of the Banco de España, José Luis Escrivá, said on Wednesday that the institution "neither by far" has the capacity of technical information to provide on the sustainability of pensions and has referred to the "extraordinary" evaluation of the Independent Tax Liability Authority (AIReF) on this issue."Obviously the Bank can go into giving its opinion, but not by far it has the capacity of technical information to contribute on the i…

MADRID, 28 (EUROPA PRESS) The governor of the Banco de España, José Luis Escrivá, said on Wednesday that the institution "neither from far" has the capacity of technical information to provide on the sustainability of pensions and has referred to the "extraordinary" evaluation of the Independent Tax Liability Authority (AIReF) regarding this [...] The entry Escrivá refers to AIReF for the analysis of pensions: "We have no added value to contribu…