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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Competition and financial stability in the fintech era

04/02/2026 José Enrique Gutiérrez

Technological innovation in financial services (known as fintech) is changing the way we manage our finances. Understanding its potential impact on financial stability is a key concern for the Banco de España and other financial supervisors around the world.

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BalanzaPortada

28/07/2025

Spain’s trade with the United States and the impact of US tariffs

Francisco Javier Álvarez de Pedro , Coral García Esteban , Esther Gómez Rubio , Blanca Jiménez García

The United States is the sixth-largest market for Spain’s goods exports. While tariffs are expected to have a negative impact on the Spanish economy, this effect will likely be smaller than in the broader euro area, as Spain has less direct trade exposure to the United States and its bilateral trade is more geared towards services than that of the euro area.