Annual Report (Chapters 3 and 4)

Advanced publication of the Chapters 3 and 4 of the Annual Report for the year 2023. 

The Annual Report of the Banco de España reviews economic and financial developments in the Spanish economy and the main risks and vulnerabilities it faces in the short and long term. Particular attention is paid to the international environment, the euro area and economic policies.

The report has to be approved by the Governing Council of the Banco de España and is accompanied by a foreword by the Governor.

 

Annual Report

*Date of publication contemplated excluding unforeseen circumstances.

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