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 Distributional Wealth Accounts: a new tool for analysing household wealth and debt

29/01/2026 Sandra García-Uribe , Adrián Iñigo , Radad Sennouni

The Distributional Wealth Accounts combine micro data from surveys and national accounts data to provide an overview of Spanish household net wealth. These new statistics are updated quarterly and presented in a user-friendly interactive format.

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PREMIO NOBEL 2026 LISTADO

13/10/2025

The 2025 Nobel Prize in Economics: how technological innovation drives economic growth

Enrique Alberola

The 2025 Nobel Prize in Economics has been awarded to Professors Mokyr, Aghion and Howitt. Their analysis explains why economic growth only took off after the industrial revolution. The resulting social and economic environment prompted a cascade of innovations and speeded up growth. A timely award just when that environment seems to be changing.

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10/10/2025

The Banco de España opens its doors: a journey through the art and architecture of a time-honoured institution Series: Treasures of the Banco de España

Yolanda Romero

The Banco de España is opening its doors to you if you are keen to explore the history, architecture and art collection of this institution dating back more than 200 years. Join us for guided tours of the building.

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25/09/2025

Centuries of history on the page. Conserving our heritage at the Banco de España Library Series: Treasures of the Banco de España

Celia Álvaro Gómez , Patricio Cerro de la Fuente

Imagine you’re reading a book that dates back 500 years. How has it managed to survive wars, fires, floods and centuries of use? Largely thanks to the efforts of libraries like ours at the Banco de España.

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19/09/2025

Spain’s regulatory complexity: a drag on business and economic growth Series: Challenges for the Spanish economy

Juan S. Mora-Sanguinetti

The quality of the regulatory framework influences economic growth. Spain’s dense and fragmented regulation drives up costs and hinders entrepreneurship. Greater regulatory consistency and simplicity could foster a more dynamic, efficient and inclusive business landscape, particularly for small firms and new entrepreneurs.

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05/09/2025

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

Laura Álvarez , Carmen Broto , Olivier Hubert , 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.

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06/08/2025

The Banco de España’s Historical Archive: a chronicle of our past Series: Treasures of the Banco de España

Elena Serrano

The Banco de España’s Historical Archive is one of the best-preserved bank archives in the world. It safeguards millions of documents dating back to 1782 and oversees our remarkable collection of banknotes and coins. It is an indispensable source of information about Spain’s modern history and is increasingly accessible to the public.

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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.

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17/07/2025

How can fintechs broaden SMEs’ access to financing? Series: Focus. Research Videoblog

José E. Gutiérrez

The fintech sector has the potential to broaden SMEs’ access to financing. José E. Gutiérrez and Josep Gisbert analyse this dynamic in “Bridging the Gap? Fintech and financial inclusion”.

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11/07/2025

After the flash floods in Spain, how did the Banco de España respond to the financial consequences?

Andres Azqueta , Ana Isabel Hernáez

The flash floods last autumn caused severe human, economic and environmental damage in eastern Spain. The Banco de España took a number of steps in response, including assessing and closely monitoring the financial situation in the area to identify the needs of households and businesses and any risks to the financial system.

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01/07/2025

Everything you need to know about the ECB’s strategic review

José Luis Escrivá

After a year’s work, the Eurosystem central banks have approved the updated monetary policy strategy. This review was necessary in light of the rapidly changing world we are living in. Below I will try to explain what it is, what it is for, what has changed since the 2021 review and why it matters to you.