Banco de España Blog

Using a simple format and plain language, the Banco de España Blog seeks to make our work more accessible to the general public. It allows us to share our analysis of economic and financial issues and the ins and outs of the Banco de España’s tasks and activities with all those keen to learn more.

The Blog series group together posts covering certain similar topics. Further down is a general listing of all Blog posts, with a search function to help readers find the posts they are interested in.

 

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How to strengthen trust in central banks: transparency and accountability

15/09/2026 María Luisa Boronat (Head of Division) , Jordi Romeu and Mihai-Vasile Cîrjă

Central banks make decisions that have a significant economic and social impact. As independent institutions, transparency and accountability are essential to upholding their credibility and legitimacy. A comparative study of 35 institutions examines how these authorities are adopting a more strategic and participatory approach aimed at strengthening public trust.

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Subhome

15/09/2026

How to strengthen trust in central banks: transparency and accountability

María Luisa Boronat , Jordi Romeu and Mihai-Vasile Cîrjă

Central banks make decisions that have a significant economic and social impact. As independent institutions, transparency and accountability are essential to upholding their credibility and legitimacy. A comparative study of 35 institutions examines how these authorities are adopting a more strategic and participatory approach aimed at strengthening public trust.

El Informe Draghi, dos años después: ¿qué se ha cumplido?

08/09/2026

The Draghi report, two years on: what has been achieved? Series: Focus. Research blog

Luis Díez Catalán

Two years after its release, the Draghi Report continues to shape the European Union’s agenda, but its implementation is progressing unevenly. Progress has not always come where reforms are most transformative, most politically feasible or least costly, but where there is a shared sense of urgency.

imagen_futuroconbilletes

28/07/2026

A world without cash: utopia or dystopia?

Mª José Fernández Lupiáñez and Félix Redondo Gaitón

Can you imagine a world without banknotes and coins? While such a future is not inconceivable, it is by no means imminent. Yet some believe cash has its days numbered. But could it really be nearing an end? And if so, would it necessarily be a good thing, or could it prove a misstep? The coexistence of physical and digital forms of money allows people to choose what best suits each situation.

Foto_entrada

07/07/2026

The Banco de España and Latin America: the new LatAm Economic Forum as a strategic initiative

Enrique Alberola , Juan Carlos Berganza and Ignacio Hernando

Latin America is a core area of focus for the Banco de España, given its importance for Spain’s economy and banking sector. This is reflected in our analysis of the region and in our international cooperation with its central banks and key institutions. The first LatAm Economic Forum further advances this strategic priority.

SUBHOME

25/06/2026

Connecting economic research and policy in Spain: the Santander conference

Enrique Moral-Benito

Economic policy needs to be grounded in rigorous analysis through economic research. Connecting research and policymaking requires a sustained exchange of ideas between the two. That is exactly what the conference in Santander, organised annually by the Banco de España together with CEMFI and the Universidad Internacional Menéndez Pelayo, sets out to do.

Subhome_Valencia

22/06/2026

The Valencia branch office, bringing the Banco de España closer to the public

Manuel Rubio Ros and Francisco V. Soler Tormo

The Banco de España is making progress on its commitment to be more accessible and useful to society, as two recent initiatives at the Valencia branch show: the special measures adopted to help replace the cash damaged by the October 2024 flash floods and the pilot project on the new service offering personal finance advice to the public.

Niño

10/06/2026

How the weather affects your grocery bill: the case of El Niño and La Niña

Lucía Cuadro Sáez and Corinna Ghirelli

What can Pacific Ocean temperatures possibly have to do with your grocery bill? Much more than you might expect. Extreme weather events, such as El Niño and La Niña, in distant parts of the world affect the prices of what we eat and drink every day, like bread and coffee. And now another El Niño is brewing.

FotoPortada

01/06/2026

25 years of the Financial Stability Review: charting a financial system in transformation

Soledad Núñez

We launched the Financial Stability Review in 2001. 25 years and 50 issues later, it has covered the crises, tensions and challenges that have shaped financial system developments over the past quarter of a century and how regulation and financial supervision have evolved in response.

Inclusión

26/05/2026

Financial inclusion of immigrants: the banking barrier for those in an irregular situation

Soledad Núñez

Financial inclusion is a key part of immigrants’ integration. Overall, there is no significant financial inclusion gap between immigrants and the Spanish-born population. The exception is immigrants in an irregular situation, for whom opening a bank account is often an insurmountable barrier, leaving them financially excluded.

SUBHOME_eng

08/05/2026

When the Banco de España is your office and Europe your team (or vice versa)

Mireia Bellido Meseguer

Europe was not born out of treaties and acronyms but from a simple yet bold idea: to work together to prevent war. This is the idea at the heart of the 1950 Schuman Declaration. At the Banco de España, we understand this as sharing projects and aligning perspectives with colleagues from many countries – different accents and cultures and countless hours of analytical work. Because Europe is built by working together, day by day.