Brexit

Brexit

Three years on since the Brexit referendum and two since the intense negotiations between the parties began, the failure by the British Parliament to ratify the November 2018 agreement between the UK Government and the other EU governments has led to a situation of great complexity and no consensus plan has emerged yet. Without an alternative plan, a no-deal exit is – excepting postponement – the current default option. For that reason, the EU and national authorities have adopted contingency plans for this eventuality with the twofold objective of ensuring legal certainty and avoiding disruption, in particular in the area of financial services.

This section gathers together some of the studies by the Banco de España in connection with the regular monitoring of the Brexit process and its potential effects on the Spanish economy.

Publications by Banco de España (Occasional papers, analytical articles and boxes)

Internal papers (presentations and internal notes)