Risk España Rankings 2015
Steady as she goes
Spanish banks have steered out of the twin storms of the global financial and sovereign debt crises into calmer waters. The light of a vigorous economic recovery can be spied on the horizon, and favourable tailwinds augur well for the journey to come.
Domestic reforms to the Spanish labour market and tax system are starting to take effect – unemployment is falling and foreign investment is returning, offering a boost to consumption. Macroeconomic factors are also having a welcome impact. The
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