July 25, 2012
June 8, 2012
July 22, 2011
July 14, 2010
March 11, 2009
Article IV Staff Reports
Financial Sector Assessment Program
Projected % Change
Source: World Economic Outlook (April 2013)
Please refer to more recent PIN/Staff reports on this country for possible revisions.
Spain: Financial Position in the Fund
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|Spain and the IMF|
Updated April 26, 2013
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|IMF Survey Online|
|April 09, 2013 -- IMF Survey : Inflation Likely to Remain Stable, IMF Study Concludes|
In contrast to previous recessions, inflation has not fallen sharply during the Great Recession, and it is unlikely to spike as the recovery strengthens, according to a new study by the IMF. There is little risk of monetary policy repeating the mistakes of the 1970s and igniting stagflation.
|October 14, 2012 -- IMF Survey: Eurozone: Carrying Out Agreed Policies Can Help Restore Confidence|
Europe remains a focus of efforts to restore confidence and revive the global economic recovery. In an interview, Director of the IMF’s European Department Reza Moghadam discusses the pressing challenges facing the euro area and outlines the Fund’s broader role in the region.
|July 27, 2012 -- IMF Survey: Spain Needs to Deliver on Reforms to Stabilize Economy|
The Spanish government has passed a number of reforms to help the economy and financial system as the ongoing crisis in Europe means higher borrowing costs for the country. On the heels of the IMF's latest annual check-up of Spain's economy, James Daniel, IMF mission chief for Spain, sits down for an interview with IMF Survey online, to discuss the challenges of reforming the country's economy and explain the IMF's policy recommendations.
|July 18, 2012 -- IMF Survey: IMF Calls on Eurozone to Take Determined Action in Response to Crisis|
The euro area crisis has reached a critical stage, as financial markets in parts of the region face acute stress. In its latest assessment of economic developments in the eurozone, the IMF calls for determined action towards establishing banking and fiscal unions in the euro area to bolster monetary union.
|May 24, 2012 -- IMF Survey: Is Labor Compensation Still Falling in Advanced Economies?|
A new IMF study finds that the share of national income received by labor has evolved quite differently across advanced economies since the start of the Great Recession, with the greatest losses observed in the United States, Greece, and Spain.
|January 13, 2012 -- IMF Survey: Big Financial Sectors Under Review in 2012 By IMF|
There's one thing all countries learned in the recent crisis: problems in the financial system can have devastating consequences for economic health. In 2012 the IMF will examine some of the world’s biggest financial sectors to help them spot any trouble on the horizon.
|July 29, 2011 -- IMF Survey: Spain to Keep Up Reform Momentum|
Spain's economy has stabilized this past year, with a modest recovery―amounting to 1.6 percent of GDP―projected to take hold in 2012. But as recent developments in the markets have made clear, Spain is not out of the danger zone yet, and the government will need to persevere with reforms.
|July 30, 2010 -- IMF Survey: Fragile Recovery In The Cards For Spain|
Spain is undergoing a painful recession. Unemployment now stands at 20 percent, the fiscal deficit ended the year at more than 11 percent of GDP, and the recovery has so far been among the weakest in the European Union.
|December 28, 2009 -- IMF Survey: Multi-Speed Recovery Seen for Europe|
As 2009 draws to a close, IMF European Department Director Marek Belka says that what is striking about Europe is how differently countries fared during the global crisis. These different points of departure will also make for a multi-speed recovery, Belka argues.
|November 18, 2009 -- IMF Survey: Comparing Recessions in Germany, Spain, and United Kingdom|
While the global financial crisis and recession have hit all of Europe’s economies, the impact has varied considerably across countries. Output and employment, for instance, have moved quite differently in Germany, Spain, and the United Kingdom, three of the larger European countries, according to IMF research.
|October 06, 2009 -- IMF Survey: Several Countries Provide Funding to IMF for Poorer Nations|
Several countries step forward to provide additional funding to support the IMF’s concessional lending to low-income countries that have been battered by the global economic crisis. IMF Managing Director Dominique Strauss-Kahn welcomes these commitments, and calls on other nations to come forward.
|June 24, 2009 -- IMF Survey: IMF Opens Central American Technical Assistance Center|
The IMF, building on a successful model for transferring economic skills and best practices, opened a new technical assistance center in Central America on June 24, the seventh set up by the Fund around the world to train central bankers, economic officials, and others.
|April 24, 2009 -- IMF Survey: Hard Landing for Spain|
The global economic crisis has hit Spain hard: domestic demand is declining and job losses are mounting. But if the country carries out long-needed reforms, it should be able to regain its place as one of the fastest-growing economies in the euro area.