Esperanza Aguirre’s announcement last Monday that she will step down as leader of Madrid’s regional government comes at a delicate time for Prime Minister Mariano Rajoy.
As the crisis deepens, there is still a window of opportunity for Spaniards to turn to gold as a means to protect their wealth against the risks of increased foreign exchange volatility, forced re-denomination, or even a total currency collapse.
CIS poll confirms PM’s rapidly deteriorating popularity.
Spanish Prime Minister Mariano Rajoy’s systematic adoption of policies that are in complete breach of the promises which took him to power only a few months ago are casting doubts on the legitimacy of his political leadership.
As national economic indicators continue to confirm an even more painful future with record-high unemployment and unabated economic stagnation, one can only ask how much longer such stability will last.
It is time to stop thinking in terms of impossible rescues and “compacts,” and demand that our European leaders adopt a more responsible conduct at their upcoming summit rather than sitting down to their customary European “beggars at the feast” spectacle.
This election result should be understood as the Greek citizens’ last effort to deliver the democratically-backed «pro-euro» political leadership that Brussels and Berlin have so adamantly demanded.
Mexico is right to keep an attentive eye on the banking crisis unraveling in Spain.
As it happened in Mexico 18 years ago, Spain’s banking system’s woes seem to be setting up the stage for a self-fulfilling prophecy of Mayan proportions.
Among the many questions raised by Bankia’s nationalization in extremis, there is one that cannot go unanswered: who is responsible?
Interview with Daron Acemoglu, MIT Economics Professor and co-author of Why Nations Fail.
Entrevista a Daron Acemoglu, catedrático de economía del MIT y coautor de «Por qué fracasan las naciones» (Why Nations Fail).