US EditionThe Banco De España Restructures the Study Service Following the Resignation of Its Director
10 Articles
10 Articles
The institution’s executive commission approves changes in its main areas after the controversy over the progress of the economics director general after presenting the annual report
The Banco de España is going to restructure its study service for the second time since the arrival of José Luis Escrivá as governor. The changes have been approved on Monday, according to internal sources of the institution. The opinions of this department, officially known now as the Directorate of Economics, have not liked the government in matters such as pensions or increases in the minimum wage. His latest annual report, published last wee…
The Banco de España, an institution that establishes its corporate prestige in having the best statistical information about our national economy, has a study service whose periodic reports were often criticized because of the highly recognizable liberal theoretical bias that inspired the approach of most of its publications. However, and beyond those occasional objections to the neoclassical doctrinal inclination shared by the majority of the p…
The annual report of the Banco de España recalls the sharp decline in the indebtedness of companies and families, which is at the very least of this century. At the end of last year they owed the equivalent to little more of Spain’s GDP, when in 2009 and 2010 they surpassed twice the economy of this country. This can be interpreted as proof of the improvement of the financial health of the private sector, as yet another evidence of the little in…
On Monday, the Banco de España approved its new strategic plan until 2030, which, among other issues, reorders some of the competencies of the Directorate General of Economics, where the powerful Research Service of the Banco de España resides. From now on, the Directorate General of Economics - which is still headed by the Dimissionary Angel Gavilán, until 12 June, pending a new appointment - will hang only two addresses, and not four, as up to…
The recent annual report of the Banco de España has sparked an unprecedented scandal in the institution. For the first time in decades, the document was produced regardless of the Study Service, the technical body historically charged with providing the rigorous economic analysis that underpins the position of the issuing bank. This decision has been interpreted by [...]
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- 100% of the sources lean Left
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