“Our mission is to guarantee effective compliance of the financial sustainability principle by the General Goverment”
The president of the Independent Authority for Fiscal Responsibility (AIReF), José Luis Escrivá, participated today in a conference about the sustainability of public and private debt in Stockholm. There he questioned the idea that the current environment of low interest rates allows, especially in the case of the Euro Area, a more benign view on … Read more
imagen: flickr The Chairman of the Independent Authority for Fiscal Responsibility (AIReF), participated today in a high-level Seminar on Public Debt Sustainability in Brussels, organized by the Directorate General of Economy and Financial Affairs of the European Commission (DG ECFIN) after the publication of its last Fiscal Sustainability Report 2018 in mid-January. This seminar brought together … Read more
Access to the Executive Summary of the Report on the Macroeconomic Forecasts of the 2018-2021 Stability Programme Update (SPU)
Access to the Public Debt Monitor Update – 6th April 2018
The 2008 economic and financial crisis and its posterior EU banking and sovereign debt dimensions highlighted some unresolved structural issues in the Spanish labor market, exacerbating unemployment issues. Duality between permanent and temporary workers, excessive rigidities in wage setting and collective bargaining arrangements and extreme volatility, particularly in employment, stand amongst the most commonly cited … Read more
Working Paper 3/2017. A Game-Theoretic Analysis of the Spanish System of Regional Finance
On Wednesday, the President of the Independent Authority of Spanish Fiscal Responsibility (AIReF), José Luis Escrivá, participated in a conference on the 2017 General State Budgets organized by the Association for Management Progress (APD) together with Deloitte, held at the Hotel Meliá Castilla in Madrid. José Luis Escrivá analysed financial sustainability and compliance with deficit objectives, … Read more
Access to the Report on the Stability Programme Update of the Kingdom of Spain 2017 – 2020
