Spain: Financial Sector Reform—Final Progress Report

Publication Date:

February 20, 2014

Electronic Access:

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Summary:

This paper discusses key findings of the progress report on financial sector reforms in Spain. Spain’s European Stability Mechanism (ESM)-supported program of financial sector reform aimed to assist economic recovery by promoting financial stability. The program was adopted in mid-2012. The Spanish authorities’ implementation of the program has been steadfast. All of the program’s specific measures are now complete. Major structural reform efforts in a variety of areas (including labor and fiscal policies) will need to continue to achieve sufficiently rapid growth to bring unemployment down to reasonable levels over the medium term.

Series:

Country Report No. 2014/059

Subject:

English

Publication Date:

February 20, 2014

ISBN/ISSN:

9781475517804/1934-7685

Stock No:

1ESPEA2014001

Pages:

56

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