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93 relations: Abanca, Arab Spring, Artur Mas, Autonomous Liquidity Fund, Bad bank, Balance of trade, Banco de Valencia, Banco Santander, Bank of Spain, Bankia, Barclays, Bargaining power, Basis point, Basque Country (autonomous community), Castellón–Costa Azahar Airport, Catalan independence movement, Catalan regional election, 2015, Catalan self-determination referendum, 2014, Catalonia, CatalunyaCaixa, Center for Economic and Policy Research, Ciudad Real Central Airport, Competition (companies), Constitution of Spain, Constitutional Court of Spain, Credit default swap, Credit rating, Credit rating agency, DBRS, Deed in lieu of foreclosure, Deflation, Deutsche Bank, Disposable and discretionary income, Economic bubble, Economy of Spain, El País, Eurogroup, European Central Bank, European Commission, European debt crisis, European Stability Mechanism, Eurostat, Extremadura, Financial crisis of 2007–2008, Financial Times, Fitch Ratings, Floating interest rate, Fondo de Reestructuración Ordenada Bancaria, Fossil fuel, Full employment, ..., Ghost town, Golden parachute, Government of Spain, Great Depression, ING Group, Interbank lending market, Internal devaluation, International Accounting Standards Board, International Monetary Fund, Italy, José Luis Rodríguez Zapatero, José Manuel Barroso, Landesbank, Liquidity crisis, Loan guarantee, Lost Generation, Marginal employment, Mariano Rajoy, Mario Draghi, Moody's Investors Service, Mortgage loan, OECD, Olli Rehn, Outright Monetary Transactions, Prime Minister of Spain, Purchasing power parity, Real estate appraisal, Real estate bubble, Recession, SAREB, Savings bank (Spain), Spanish general election, 2004, Spanish property bubble, Speculative attack, Standard & Poor's, Statute of Autonomy of Catalonia, Stress test (financial), The New York Times, Timothy Geithner, Tourism in Spain, Unemployment in Spain, 2000s energy crisis, 2017–18 Spanish constitutional crisis. Expand index (43 more) »
Abanca
ABANCA Corporación Bancaria, S.A. is a Spanish bank based in Galicia.
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Arab Spring
The Arab Spring (الربيع العربي ar-Rabīʻ al-ʻArabī), also referred to as Arab Revolutions (الثورات العربية aṯ-'awrāt al-ʻarabiyyah), was a revolutionary wave of both violent and non-violent demonstrations, protests, riots, coups, foreign interventions, and civil wars in North Africa and the Middle East that began on 18 December 2010 in Tunisia with the Tunisian Revolution.
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Artur Mas
Artur Mas i Gavarró (born 31 January 1956) is a Spanish politician, Catalan nationalist.
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Autonomous Liquidity Fund
Autonomous Liquidity Fund (FLA) (Spanish: Fondo de Liquidez Autonómica) is a credit line created by the Spanish Government on 2012 because of the financial crisis.
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Bad bank
A bad bank is a corporate structure to isolate illiquid and high risk assets held by a bank or a financial organisation, or perhaps a group of banks or financial organisations.
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Balance of trade
The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain period.
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Banco de Valencia
The Bank of Valencia is the sixth bank in Spain, and has its headquarters in the city of Valencia, Valencia.
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Banco Santander
Banco Santander, S.A., doing business as Santander Group, is a Spanish banking group.
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Bank of Spain
The Bank of Spain (Banco de España), is the central bank of Spain.
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Bankia
Bankia is a Spanish bank that was formed in December 2010, consolidating the operations of seven regional savings banks, and was partially nationalized by the government of Spain in May 2012 due to the near collapse of the institution.
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Barclays
Barclays plc is a British multinational investment bank and financial services company headquartered in London.
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Bargaining power
Bargaining power is the relative ability of parties in a situation to exert influence over each other.
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Basis point
A basis point (often denoted as bp, often pronounced as "bip" or "beep") is (a difference of) one hundredth of a percent or equivalently one ten thousandth.
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Basque Country (autonomous community)
The Basque Country (Euskadi; País Vasco; Pays Basque), officially the Basque Autonomous Community (Euskal Autonomia Erkidegoa, EAE; Comunidad Autónoma Vasca, CAV) is an autonomous community in northern Spain.
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Castellón–Costa Azahar Airport
Castellón Airport (Aeropuerto de Castellón, Aeroport de Castelló), is an airport in Vilanova d'Alcolea and Benlloch in Spain.
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Catalan independence movement
The Catalan independence movement (independentisme català; Spanish: independentismo catalán) is a political movement historically derived from Catalan nationalism, which seeks independence of Catalonia from Spain.
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Catalan regional election, 2015
The 2015 Catalan regional election was held on Sunday, 27 September 2015, electing the 11th Parliament of the Autonomous Community of Catalonia.
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Catalan self-determination referendum, 2014
No description.
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Catalonia
Catalonia (Catalunya, Catalonha, Cataluña) is an autonomous community in Spain on the northeastern extremity of the Iberian Peninsula, designated as a nationality by its Statute of Autonomy.
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CatalunyaCaixa
CatalunyaCaixa was the trading name of Catalunya Banc S.A., a Spanish bank with headquarters in Barcelona and owned by Banco Bilbao Vizcaya Argentaria (BBVA), and absorbed by it in 2016.
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Center for Economic and Policy Research
The Center for Economic and Policy Research (CEPR) is an economic policy think-tank, co-founded by economists Dean Baker and Mark Weisbrot, and is based in Washington, D.C. It has been described as left-leaning.
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Ciudad Real Central Airport
Ciudad Real Central Airport, previously known as Don Quijote Airport and South Madrid Airport, is a former international airport, situated south of Ciudad Real in Spain.
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Competition (companies)
Company competition, or competitiveness, pertains to the ability and performance of a firm, sub-sector or country to sell and supply goods and services in a given market, in relation to the ability and performance of other firms, sub-sectors or countries in the same market.
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Constitution of Spain
The Spanish Constitution (Constitución Española; Espainiako Konstituzioa; Constitució Espanyola; Constitución Española; Constitucion espanhòla) is the democratic law that is supreme in the Kingdom of Spain.
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Constitutional Court of Spain
The Constitutional Court of Spain (Tribunal Constitucional de España) is the supreme interpreter of the Spanish Constitution, with the power to determine the constitutionality of acts and statutes made by any public body, central, regional, or local.
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Credit default swap
A credit default swap (CDS) is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a debt default (by the debtor) or other credit event.
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Credit rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.
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Credit rating agency
A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely interest payments and the likelihood of default.
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DBRS
DBRS is a global credit rating agency (CRA) founded in 1976 (originally known as Dominion Bond Rating Service) in Toronto.
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Deed in lieu of foreclosure
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings.
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Deflation
In economics, deflation is a decrease in the general price level of goods and services.
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Deutsche Bank
Deutsche Bank AG is a German investment bank and financial services company headquartered in Frankfurt, Hesse, Germany.
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Disposable and discretionary income
Disposable income is total personal income minus personal current taxes.
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Economic bubble
An economic bubble or asset bubble (sometimes also referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania, or a balloon) is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value.
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Economy of Spain
The economy of Spain is the world's fourteenth-largest by nominal GDP, and it is also one of the largest in the world by purchasing power parity.
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El País
El País (literally The Country) is the most read newspaper (231,140 printed copies) in Spain and the most circulated daily newspaper (180,765 circulation average), according to data certified by the Office of Justification of Dissemination (OJD) and referring to the period of January 2017 to December 2017.
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Eurogroup
The Eurogroup is the recognised collective term for informal meetings of the finance ministers of the eurozone—those member states of the European Union (EU) which have adopted the euro as their official currency.
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European Central Bank
The European Central Bank (ECB) is the central bank for the euro and administers monetary policy of the euro area, which consists of 19 EU member states and is one of the largest currency areas in the world.
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European Commission
The European Commission (EC) is an institution of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.
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European debt crisis
The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has been taking place in the European Union since the end of 2009.
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European Stability Mechanism
The European Stability Mechanism (ESM) is an intergovernmental organization located in Luxembourg City, which operates under public international law for all eurozone Member States having ratified a special ESM intergovernmental treaty.
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Eurostat
Eurostat is a Directorate-General of the European Commission located in Luxembourg.
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Extremadura
Extremadura (is an autonomous community of western Iberian Peninsula whose capital city is Mérida, recognised by the State of Autonomy of Extremadura. It is made up of the two largest provinces of Spain: Cáceres and Badajoz. It is bordered by the provinces of Salamanca and Ávila (Castile and León) to the north; by provinces of Toledo and Ciudad Real (Castile–La Mancha) to the east, and by the provinces of Huelva, Seville, and Córdoba (Andalusia) to the south; and by Portugal to the west. Its official language is Spanish. It is an important area for wildlife, particularly with the major reserve at Monfragüe, which was designated a National Park in 2007, and the International Tagus River Natural Park (Parque Natural Tajo Internacional). The government of Extremadura is called. The Day of Extremadura is celebrated on 8 September. It coincides with the Catholic festivity of Our Lady of Guadalupe.
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Financial crisis of 2007–2008
The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.
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Financial Times
The Financial Times (FT) is a Japanese-owned (since 2015), English-language international daily newspaper headquartered in London, with a special emphasis on business and economic news.
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Fitch Ratings
Fitch Ratings Inc.
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Floating interest rate
A floating interest rate, also known as a variable or adjustable rate, refers to any type of debt instrument, such as a loan, bond, mortgage, or credit, that does not have a fixed rate of interest over the life of the instrument.
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Fondo de Reestructuración Ordenada Bancaria
The Fondo de reestructuración ordenada bancaria (FROB), in English known as Fund for Orderly Bank Restructuring, is a banking bailout and reconstruction program initiated by the Spanish government in June 2009.
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Fossil fuel
A fossil fuel is a fuel formed by natural processes, such as anaerobic decomposition of buried dead organisms, containing energy originating in ancient photosynthesis.
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Full employment
Full employment means that everyone who wants a job have all the hours of work they need on "fair wages".
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Ghost town
A ghost town is an abandoned village, town, or city, usually one that contains substantial visible remains.
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Golden parachute
A golden parachute is an agreement between a company and an employee (usually upper executive) specifying that the employee will receive certain significant benefits if employment is terminated.
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Government of Spain
The Government of Spain (Gobierno de España) is the central government which leads the executive branch and the General State Administration of Spain.
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Great Depression
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.
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ING Group
The ING Group (ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam.
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Interbank lending market
The interbank lending market is a market in which banks extend loans to one another for a specified term.
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Internal devaluation
Internal devaluation is an economic and social policy option whose aim is to restore the international competitiveness of some country mainly by reducing its labour costs – either wages or the indirect costs of employers.
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International Accounting Standards Board
The International Accounting Standards Board (IASB) is the independent, accounting standard-setting body of the IFRS Foundation.
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International Monetary Fund
The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.
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Italy
Italy (Italia), officially the Italian Republic (Repubblica Italiana), is a sovereign state in Europe.
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José Luis Rodríguez Zapatero
José Luis Rodríguez Zapatero (born 4 August 1960) is a Spanish politician and member of the Spanish Socialist Workers' Party (PSOE).
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José Manuel Barroso
José Manuel Durão Barroso (born 23 March 1956) is a Portuguese politician who is the current non-executive chairman at Goldman Sachs International.
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Landesbank
The Landesbanken in Germany are a group of state-owned banks of a type unique to Germany.
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Liquidity crisis
In financial economics, a liquidity crisis refers to an acute shortage (or "drying up") of liquidity.
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Loan guarantee
A loan guarantee, in finance, is a promise by one party (the guarantor) to assume the debt obligation of a borrower if that borrower defaults.
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Lost Generation
The Lost Generation was the generation that came of age during World War I. Demographers William Strauss and Neil Howe outlined their Strauss–Howe generational theory using 1883–1900 as birth years for this generation.
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Marginal employment
Marginal employment (geringfügige Beschäftigung), also called a mini job or €450 job, is an employment relationship with a low absolute level of earnings or of short duration.
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Mariano Rajoy
Mariano Rajoy Brey (born 27 March 1955) is a Spanish politician who served as Prime Minister of Spain from 2011 to 2018, when a vote of no confidence ousted his government.
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Mario Draghi
Mario Draghi (born 3 September 1947) is an Italian economist serving as the President of the European Central Bank since 2011.
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Moody's Investors Service
Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name.
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Mortgage loan
A mortgage loan, or simply mortgage, is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.
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OECD
The Organisation for Economic Co-operation and Development (OECD; Organisation de coopération et de développement économiques, OCDE) is an intergovernmental economic organisation with 35 member countries, founded in 1961 to stimulate economic progress and world trade.
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Olli Rehn
Olli Ilmari Rehn (born 31 March 1962 in Mikkeli, Finland) is a Finnish politician, a member of the Centre Party of Finland.
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Outright Monetary Transactions
Outright Monetary Transactions ("OMT") is a program of the European Central Bank under which the bank makes purchases ("outright transactions") in secondary, sovereign bond markets, under certain conditions, of bonds issued by Eurozone member-states.
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Prime Minister of Spain
The Prime Minister of Spain, officially the President of the Government of Spain (Presidente del Gobierno de España), is the head of the government of Spain.
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Purchasing power parity
Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power.
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Real estate appraisal
Real estate appraisal, property valuation or land valuation is the process of developing an opinion of value, for real property (usually market value).
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Real estate bubble
A real estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets, and typically follow a land boom.
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Recession
In economics, a recession is a business cycle contraction which results in a general slowdown in economic activity.
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SAREB
SAREB (Sociedad de Gestión de Activos procedentes de la Reestructuración Bancaria - English: Company for the Management of Assets proceeding from Restructuring of the Banking System) is the bad bank of the Spanish government, the government-owned company is responsible for managing assets transferred by the four nationalized Spanish financial institutions (BFA-Bankia, Catalunya Banc, NGC Banco-Banco Gallego and Banco de Valencia).
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Savings bank (Spain)
In Spain, a savings bank (caja de ahorros or informally just caja, caixa d'estalvis, caixa de aforros, informally caixa, aurrezki kutxa) is a financial institution that specializes in accepting savings deposits and granting loans.
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Spanish general election, 2004
The 2004 Spanish general election was held on Sunday, 14 March 2004, to elect the 8th Cortes Generales of the Kingdom of Spain.
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Spanish property bubble
The Spanish property bubble is the collapsed overshooting part of a long-term price increase of Spanish real estate prices.
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Speculative attack
In economics, a speculative attack is a precipitous acquisition of some assets (currencies, gold, emission permits, remaining quotas) by previously inactive speculators.
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Standard & Poor's
Standard & Poor's Financial Services LLC (S&P) is an American financial services company.
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Statute of Autonomy of Catalonia
The Statute of Autonomy of Catalonia of 2006 (Estatut d’Autonomia de Catalunya) provides Catalonia's basic institutional regulations under the Spanish Constitution of 1978.
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Stress test (financial)
A stress test, in financial terminology, is an analysis or simulation designed to determine the ability of a given financial instrument or financial institution to deal with an economic crisis.
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The New York Times
The New York Times (sometimes abbreviated as The NYT or The Times) is an American newspaper based in New York City with worldwide influence and readership.
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Timothy Geithner
Timothy Franz Geithner (born August 18, 1961) is a former American central banker who served as the 75th United States Secretary of the Treasury under President Barack Obama from 2009 to 2013.
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Tourism in Spain
Tourism in Spain is the 3rd major contributor to the national economic life just after the industry and the business/banking sector, contributing about 10-11% of Spain's GDP.
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Unemployment in Spain
Unemployment is a worldwide problem but in Spain it is higher than in other Western European countries.
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2000s energy crisis
From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under US$25/barrel.
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2017–18 Spanish constitutional crisis
The 2017–18 Spanish constitutional crisis, also known as the Catalan crisis, is an ongoing political conflict between the Government of Spain and the Generalitat de Catalunya under former President Carles Puigdemont—the government of the autonomous community of Catalonia until 28 October 2017—over the issue of Catalan independence. It started after the law intending to allow the 2017 Catalan independence referendum was denounced by the Spanish government under Prime Minister Mariano Rajoy and subsequently suspended by the Constitutional Court until it ruled on the issue. Some international media outlets have described the events as "one of the worst political crises in modern Spanish history". Puigdemont's government announced that neither central Spanish authorities nor the courts would halt their plans and that it intended to hold the vote anyway, sparking a legal backlash that quickly spread from the Spanish and Catalan governments to Catalan municipalities—as local mayors were urged by the Generalitat to provide logistical support and help for the electoral process to be carried out—as well as to the Constitutional Court, the High Court of Justice of Catalonia and state prosecutors. By 15 September, as pro-Catalan independence parties began their referendum campaigns, the Spanish government had launched an all-out legal offensive to thwart the upcoming vote, including threats of a financial takeover of much of the Catalan budget, police seizing pro-referendum posters, pamphlets and leaflets which had been regarded as illegal and criminal investigations ordered on the over 700 local mayors who had publicly agreed to help stage the referendum. Tensions between the two sides reached a critical point after Spanish police raided the Catalan government headquarters in Barcelona on 20 September, at the start of Operation Anubis, and arrested fourteen senior Catalan officials. This led to protests outside the Catalan economy department which saw Civil Guard officers trapped inside the building for hours and several vehicles vandalized. The referendum was eventually held, albeit without meeting minimum standards for elections and amid low turnout and police crackdown resulting in hundreds injured. On 10 October, Puigdemont ambiguously declared and suspended independence during a speech in the Parliament of Catalonia, arguing his move was directed at entering talks with Spain. The Spanish government required Puigdemont to clarify whether he had declared independence or not, to which it received no clear answer. A further requirement was met with an implicit threat from the Generalitat that it would lift the suspension on the independence declaration if Spain "continued its repression", in response to the imprisonment of the leaders of pro-independence Catalan National Assembly (ANC) and Òmnium Cultural, accused of sedition by the National Court because of their involvement in the 20 September events. On 21 October, it was announced by Prime Minister Rajoy that Article 155 of the Spanish Constitution would be invoked, leading to direct rule over Catalonia by the Spanish government once approved by the Senate. On 27 October, the Catalan parliament voted in a secret ballot to unilaterally declare independence from Spain, with some deputies boycotting a vote considered illegal for violating the decisions of the Constitutional Court of Spain, as the lawyers of the Parliament of Catalonia warned. As a result, the government of Spain invoked the Constitution to remove the regional authorities and enforce direct rule the next day, with a regional election being subsequently called for 21 December 2017 to elect a new Parliament of Catalonia. Puigdemont and part of his cabinet fled to Belgium after being ousted, as the Spanish Attorney General pressed for charges of sedition, rebellion and embezzlement against them.
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2008-13 Spanish financial crisis, 2008-14 Spanish financial crisis, 2008-15 Spanish financial crisis, 2008-16 Spanish financial crisis, 2008-2009 Spanish financial crisis, 2008-2011 Spanish financial crisis, 2008-2012 Spanish financial crisis, 2008-2013 Spanish financial crisis, 2008-2014 Spanish financial crisis, 2008-present Spanish financial crisis, 2008–13 Spanish financial crisis, 2008–14 Spanish financial crisis, 2008–15 Spanish financial crisis, 2008–16 Spanish financial crisis, 2008–2009 Spanish financial crisis, 2008–2011 Spanish financial crisis, 2008–2012 Spanish financial crisis, 2008–2013 Spanish financial crisis, 2008–2014 Spanish financial crisis, Bailout of Spain, Bailout of Spain's banks, Great Recession in Spain, Spanish Crisis of 2012, Spanish crisis of 2008-2009, Spanish crisis of 2008–2009, Spanish financial crisis, Spanish real estate bubble.
References
[1] https://en.wikipedia.org/wiki/2008–present_Spanish_financial_crisis
