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.
31/03/2026
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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28/01/2026
Economic forecasting in stormy weather Series: Economy
They say a butterfly flapping its wings in one part of the world can cause a hurricane in another, and everyone (people and countries alike) wants to be ready when this happens to the economy, so we’re not caught unawares. In this episode of CIENxCIEN, Ana Comellas invites Enrique Moral and Iván Kataryniuk to explain how macroeconomic projections enable us to anticipate the main economic variables, how accurate these forecasts are and how relevant they are in such a changing environment as the present one.
Economic policies
21/01/2026
A map to guide our research: The Banco de España’s Analysis Priorities for 2025-30
The Banco de España has published its analysis priorities for the next five years, which will help inform our points of view. We are going to focus on four main topics: pillars of central banking, European resilience in a changing world, challenges facing the Spanish economy and global trends.
17/03/2025
Roberto Serrano, winner of the King of Spain Prize in Economics
Roberto Serrano, Professor of Economics at Brown University, has been awarded the King of Spain Prize in Economics. This award recognises not only the contributions made to game theory by one of the leading figures in the field, but also his inspiring personal journey.
29/07/2024
Measuring economic uncertainty. The role of artificial intelligence
Uncertainty is part and parcel of our lives. It affects our decisions and economic activity too. That’s why identifying and measuring economic uncertainty is key for economists. The Banco de España has developed various indicators of uncertainty, such as the EPU indexes, that help assess the risks and quantify their possible impact on activity.
10/06/2024
In his farewell as Governor, Pablo Hernández de Cos shares his vision about the Banco de España’s role during his term of office (2018-2024). These years have been marked by a succession of unprecedented events, such as the pandemic and economic and inflationary swings.
30/04/2024
The main challenges facing the Spanish economy and how to tackle them Series: Challenges for the Spanish economy
The Spanish economy continued to grow markedly in 2023 and the outlook is favourable, albeit in a context of global uncertainty. Nevertheless, we continue to face structural challenges with far-reaching effects that make it difficult to reach euro area living standards. The Banco de España’s Annual Report discusses these issues and economic policies to address them.
23/04/2024
Economic policies
