From the current Spanish economic situation to a European Banking Union

Spain has experienced a housing bubble, a collapse of the savings banks, the renewable energy […]

Policy Study

09/10/2014

Spain has experienced a housing bubble, a collapse of the savings banks, the renewable energy bubble and the bubble of the unnecessary infrastructure built with astronomical costs for the benefit of builders and to the detriment of taxpayers. Today there are huge problems of indebtedness in the Spanish economy and there has been a spate of restructuring of the banking sector amid the ongoing saga of the Euro crisis and bailout. This article by Ana Otero, Junior Economic Advisor at FEPS, charts the evolution of the situation from Spain’s economic situation to a nascent European banking union.

It looks at the options available at present as well as the mechanisms for dealing with the crisis adopted by other EU member states.It looks at how a banking union would be formed and the conditions that would accompany such an endeavour. Finally, the paper demands that such measures are accompanied by a growth agenda for Spain.

 

Find all related publications
Publications
06/07/2022

Countering economic coercion: how can the European Union succeed?

This policy brief assesses how the EU can bolster its response and defence mechanisms against […]
06/07/2022

Leveraging trade policy for the EU’s strategic autonomy

In a context of increasing weaponisation of interdependence – highlighted by the pandemic and Russia’s […]
04/07/2022

Partnerships and European strategic autonomy: How to turn them into a win-win approach

To become more strategic and autonomous, the European Union has to better use its global […]
28/06/2022

Sustainable Digital Market Design: A data-based approach to the circular economy

Markets must be designed properly to serve the common good. This is particularly evident in […]
Find all related news
News
21/06/2022

Ahead of this week’s European Council, progressive MEPs and MPs urge EU leaders to take resolute actions toward the Western Balkans

On 17 and 18 June, the ‘Friends of the Western Balkans’, the newly established network […]
17/06/2022

First meeting of the Friends of the Western Balkans

How do we get out of the dead end in the enlargement process?
10/06/2022

FEPS launches a new website!

After months of work, FEPS’s new website is now online!  This new website offers a […]
09/06/2022

FEPS holds the 2022 General Assembly

This week, FEPS held the 2022 General Assembly (GA), the yearly meeting gathering all members […]
Find all related in the media
In the media

Leaders Must Choose a Just Energy Transition and a Social Europe

by Euractiv 30/05/2022

The circular economy and green jobs

by ENCOMPASS 25/05/2022

Da Prodi a Rodrigues, domani al via la ’Terza conferenza sul futuro dell’Europa’

by La Nazione 25/05/2022

Visioni e strategie per disegnare il futuro europeo 

by La Nazione 23/05/2022