Economic Structure and Context: Monetary System

November 2011
Spain Country Monitor;Nov2011, p23
Country Report
The article focuses on the monetary system in Spain. It says that the monetary policy in the country has been set by the European Central Bank (ECB) since Spain adopted the euro in 1999. It mentions that the main objective of the country's monetary policy is to preserve price stability in the area defined by the Harmonized Index of Consumer Prices (HICP).


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