Banca Cívica, S.A. was a bank created as a result of the European debt crisis as an emergency response by the Spanish government, the European debt crisis, was a multi-year debt crisis that has been taking place in the European Union, since the end of what year?
Banca Civica Banca Cívica, S.A. was a bank created as a result of the European debt crisis as an emergency response by the Spanish government regulatory authority "Institutional Protection System" (Spanish: "Sistema Institucional de Protección", or SIP) that comprised the savings banks of Caja Navarra, Caja Canarias, Caja de Burgos and Cajasol. It became part of CaixaBank on 3 August 2012, at which time shares for the company ceased to be quoted.
Price revolution Price revolution, sometimes known as the Spanish Price Revolution, is a term used to describe a series of economic events from the second half of the 15th century to the first half of the 17th century. The price revolution refers most specifically to the high rate of inflation that occurred during this period across Western Europe. Prices rose on average roughly sixfold over 150 years. This level of inflation amounts to 1–1.5% per year, a relatively low inflation rate for the 20th century standards, but rather high given the monetary policy in place in the 16th century.