Spain: Staff Report for the 2010 Article IV Consultation—Informational Annex
Author: International Monetary Fund
Publication Date:
30 Jul 2010
eISBN:
9781455202836
ISBN:
9781455202836
Language:
English
Keywords:
ISCR; CR; decree; reform; savings bank; severance payment
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Spain’s economy is facing severe challenges. Financial market tensions increased sharply in the wake of the Greek crisis. Policy should focus on rebalancing of the economy and securing market confidence. Ambitious fiscal consolidation is under way, but achievement of the targets needs to be made more credible and complemented by bold pension reform. A radical overhaul of the labor market is urgent. Progress in recent years on product and service market reform should continue. The banking sector remains sound but is under pressure.

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Cover IMF Staff Country Reports
Spain: 2010 Article IV Consultation: Staff Statement; Staff Supplement; Staff Report; Statement by the Executive Director for Spain; and Public Information Notice on the Executive Board Discussion
Author: International Monetary Fund
Volume/Issue:
Volume 2010: Issue 254
Publisher:
International Monetary Fund
ISBN:
9781455202836
ISSN:
1934-7685
Pages:
100
DOI:
https://doi.org/10.5089/9781455202836.002