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March 2014 | No. 376DossierPayment systems: present and futureContent available in catalan spanishPrint Download File Editorial Theory and practice Jordi Gual Key points of the month Recovery, albeit with some reservations Forecasts and indicators ForecastsKey indicators financial marketsKey indicators international economyKey indicators European UnionKey indicators Spanish economy Financial markets Economic outlook Doubtful tone after an upswing in risk aversion Focus Janet Yellen: expected continuity at the Fed? Focus The ECB's arsenal: slingshots and bazookas International economy Economic outlook Continuity in the advanced and ups and downs in the emerging Focus Capital flows towards emerging economies ride out the storm Focus Turkey: difficulties in the short term European economy Economic outlook A less equal recovery between countries Focus Breaking down the fall in inflation in the euro area Focus The path of Germany's domestic demand Spanish economy Economic outlook The economic recovery takes hold Focus A medium-term view of Spain's fiscal adjustment Focus The financial situation of households in Spain Focus The encouraging path of exports DossierPayment systems: present and future Focus Bitcoin: speculative bubble or currency of the future? Antonio Escoda Focus The SEPA: a step towards integrating European payment systems Joan Daniel Pina Focus Payment systems, a key infrastructure for economic development Àlex Ruiz Carlos Martínez Sarnago Focus New payment systems: a giant on the horizon Gerard Arqué
Focus Payment systems, a key infrastructure for economic development Àlex Ruiz Carlos Martínez Sarnago