Spain
New notes pose problems for cash machines
SPAIN - Spain's Azkoyen, one of the world's leading cigarette and vending machine producers, is already cashing in on next January's launch of euro notes and coins.
World Bank cancels Barcelona conference
SPAIN - The World Bank has decided to suspend its Annual Bank Conference on Development Economics (ABCDE) in Europe, due to be held in Barcelona on June 25-27, to avoid protests from anti-capitalist groups that had stated their intention to disrupt the…
Caruana warns savings banks over shareholdings
SPAIN - the Bank of Spain governor Jaime Caruana on Apr 18 warned the annual assembly of savings banks that being stable shareholders in industrial companies, with influence on the management, could conflict with their status and objectives.
Spain's Caruana-eurozone inflationary risks remain
SPAIN - Bank of Spain Governor Jaime Caruana said Apr 4, 2001 that inflationary risks in the euro zone are easing but continue to exist.
Bank of Spain says economy slowed in Q4
Spanish economic growth, among the fastest in the euro zone, slowed to an estimated 3.9 percent year-on-year in the fourth quarter of 2000 from 4.1 percent in the third quarter, the Bank of Spain said on Feb. 2, 2001. Gross domestic prorduct (GDP) growth…
Spanish inflation sticks at 5-yr high in November
Spanish inflation rose to 4.1% annually in November, stuck around a near five-year high amid fears of a price-wage spiral and a civil sector protest over loss of purchasing power.
Bank of Spain's disclosure for settlement systems
The Spanish central bank has now published a revised version of the responses to the disclosure framework for the Spanish CADE (CENTRAL DE ANOTACIONES, formerly SACDE), November 2000.
Jaime Caruana forecast 2% inflation in 2001
Jaime Caruana, who replaced Luis Angel Rojo as Bank of Spain governor earlier this year, predicted that Spanish inflation would remain nears its 2% limit over the next year.