THE ROLE OF SPANISH AUTHORITIES IN THE FINANCIAL CRISIS
Abstract
The direct impact of the financial crisis on the Spanish banking system has been small, thanks mainly to the existing securitization model in Spain, far from the so-called originate and distribute that generated most of the financial turmoil. However, the indirect impact of the crisis has been considerable, due to the fact that Spanish banks highly depended on external financing. In the following pages, we analyze the main measures taken by the Spanish authorities to face the crisis in the banking system, with particular attention to the restructuring of savings banks.
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Published
2013-01-10
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SPECIAL SECTION
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How to Cite
Garrido Torres (Universidad de Barcelona e Instituto de Economía de Barcelona), A. (2013). THE ROLE OF SPANISH AUTHORITIES IN THE FINANCIAL CRISIS. Revista De Estudios Empresariales. Second Era, 2. https://revistaselectronicas.ujaen.es/index.php/REE/article/view/737
