savings

In Spain 1st October 2026

Spain launches the new European savings and investment account

Today, the Official State Gazette (BOE) published the creation of the new European savings and investment account, “Financia Europa,” which allows users to buy and sell shares and investment funds within a “tax shield” without paying taxes on every transaction. It functions as if each citizen could hold a private investment fund, albeit primarily restricted to investments in European assets. Each individual may hold only one account. Contributions are made…

Shorts and shares on credit, a problem of information

In Spain 30th December 2025

Spain Begins Legislative Process for European Savings and Investment Account

With the aim of mobilizing the one trillion euros that Spaniards hold in deposits and savings accounts, the Government has opened a public consultation on the conditions for the European Savings and Investment Account in Spain and the “Finance Europe” label. The European Savings and Investment Account—SIA (Savings and Investment Account)—aims to channel “idle” European savings, roughly 13 trillion euros held by savers in their accounts, toward stock and bond…

Spanish economy 1st July 2022

Spaniards Start To Use Savings To Make Ends Meet

Spanish households placed their savings rate in the first quarter at -0.8% of their disposable income, thus registering their first negative rate since the first quarter of 2019. In the previous quarter, the household savings rate was 8.3%, the National Statistics Institute (INE) reported on Thursday. The fall in the household savings rate to -0.8% is due to the fact that they spent more than they earned. Thus, their disposable…

Spanish economy 23rd November 2021

To Borrow Or Not To Borrow: A Dilemma That Depends On What Was Saved During The Pandemic

CaixaBank Research | Unlike in past crises such as the Great Recession, this time the rebound in consumption will be higher: we expect nominal consumption growth in 2021 and 2022 to be higher than the gradual recovery seen in the previous crisis. This higher recovery rate is explained by the fact that much of the savings generated in 2020 were forced and are expected to be undone relatively quickly, and also because the economic support measures have mitigated the impact of the crisis on households. This more rapid recovery in consumption will also drive greater growth in consumer lending, although the extent of the rebound will depend on how the excess savings have been distributed.

Markets 26th June 2012

What can one do with €800 billion?

By Nuño Rodrigo | www.cincodias.es | While our European leaders battle with a crisis seemingly impossible to be resolved, while euro zone third and the fourth economies feel threatened by the danger of being rescued because they cannot afford to access the markets, and while for all of these reasons the world approaches a crisis relapse, the guardian of austerity secrets and price stability wakes up every day with a sack of almost…

In Europe 3rd February 2012

Crisis hit UK families’ savings rate harder than in Germany, China

LONDON | Lloyds TSB, the 40pc taxpayer-owned British bank, wondered how much savings UK families have and how this compare to Germany and China. Its researchers came up with some answers: the British household savings ratio (saving proportion of a consumer’s disposable income) has seen a steep downward trend over the past decade, in contrast with the other two countries. The results from Lloyds new survey were set alongside numbers…