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    We need to talk about interest rates

    Key points of the month
    José Ramón Díez
    José Ramón Díez
    Thu, 09/10/2026 - 13:11
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    Spain’s external sector drives the post-pandemic expansion

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Monthly Report

May 2020 | No. 445

Index
May 2020 | No. 445

Editorial
An incomplete union
Enric Fernández
Enric Fernández

Key points of the month

  • A recession typical of a war
    Oriol Aspachs

Forecasts and indicators

  • Indicators and forecasts

Financial markets

  • Financial markets’ sentiment stabilises
  • The vulnerabilities of corporate debt in the face of a historic shock
    Ricard Murillo Gili

International economy

  • COVID-19 quashes global economic activity
  • Emerging countries and COVID-19: on the brink of a financial crisis?
    Beatriz Villafranca SerranoÀlex Ruiz

Spanish economy

  • Should we be concerned about the sustainability of public debt in the euro area?
    Adrià Morron Salmeron

Dossier

  • COVID-19 and black swans: lessons from the past for a better future
    Javier García Arenas
  • How COVID-19 will change the way we produce
    Clàudia Canals
  • Economic policies in the face of COVID-19: will the boundaries of the impossible be broken?
    Adrià Morron SalmeronÁlvaro Leandro
Imagen del planeta Tierra con mascarilla

May 2020| No. 445

Dossier
The world after COVID-19
Content available in
catalan spanish
Print
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Editorial

An incomplete union

Enric Fernández
Enric Fernández

Key points of the month

A recession typical of a war

Oriol Aspachs CaixaBank Research
Oriol Aspachs

Forecasts and indicators

ForecastsKey indicators financial marketsKey indicators international economyKey indicators European UnionKey indicators Spanish economy

Financial markets

Economic outlook

Financial markets’ sentiment stabilises

Focus

The vulnerabilities of corporate debt in the face of a historic shock

Ricard Murillo Gili

International economy

Economic outlook

COVID-19 quashes global economic activity

Focus

Emerging countries and COVID-19: on the brink of a financial crisis?

Beatriz Villafranca Serrano
Àlex Ruiz

Spanish economy

Focus

Should we be concerned about the sustainability of public debt in the euro area?

Adrià Morron Salmeron
Dossier
The world after COVID-19
Focus

COVID-19 and black swans: lessons from the past for a better future

Javier García Arenas
Focus

How COVID-19 will change the way we produce

Clàudia Canals
Focus

Economic policies in the face of COVID-19: will the boundaries of the impossible be broken?

Adrià Morron Salmeron
Álvaro Leandro
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