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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The EBAE survey: how Spanish firms are performing, as reported by the firms themselves

31/03/2026 Mario Izquierdo and Diana Posada

Around 7,000 Spanish firms take part in the Banco de España Business Activity Survey (EBAE). Their responses shed light on firms’ activity, the factors influencing it and their short‑term expectations. The survey has become a valuable complement to our economic monitoring toolkit.

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ANIVERSARIO DANA

28/10/2025

The flash floods in Spain, one year on: the economic impact of a natural disaster

Iván Kataryniuk and Alejandro Fernández

Natural disasters like the Valencia floods bring economic activity to a standstill. The reconstruction effort is helping GDP recover and replacing damaged assets with more productive capital may boost growth. But the heavy losses in the stock of wealth and capital could have a lasting negative effect on GDP growth in the region.

Climate change and green transition

Subhome

05/09/2025

Desertification and wildfires in Spain. The impact of climate change on bank lending

Laura Álvarez , Carmen Broto , Olivier Hubert and Sergio Mayordomo

Desertification and the greater severity and frequency of wildfires pose a major climate risk for Spain. Together they can affect economic activity and also bank lending and financial stability. Conducting rigorous research on these issues allows us to understand their financial risk and helps us mitigate it.

Climate change and green transition

Imagen capitulo 4

02/04/2025

What’s the cost of not being sustainable? Series: Sustainability, Women in Economy

Soledad Núñez

Imagine that, instead of living 50 more years, you were to live 200 more. Or even 500. Do you think you would use your resources as you do now, or would you rather keep a little more for tomorrow? That is what living sustainably is about: concerning ourselves not only with our own needs today but also with the needs of future generations. If you believe it would be very costly to create a sustainable world, you have no idea how expensive it would be to carry on with our unsustainable one.

Climate change and green transition