It is a tragedy of such enormity, anything short of panic seems complacent
How is it possible that we are suddenly being bombarded with wonderful news about Spain’s current situation – no longer at a cross roads – and colorful future?
Spain's Prime Minister Mariano Rajoy talks about the country's labor market, the European Union bank bailout program and a probe into allegations that Rajoy and officials accepted cash payments from a slush fund. Rajoy spoke with Bloomberg's Sara Eisen yesterday in New York. (Source: Bloomberg)
Rajoy talks about the country’s labor market, the European Union bank bailout program and a probe into allegations that Rajoy and officials accepted cash payments from a slush fund
Olli Rehn laments the «lack of fleixibility» in Spain’s labour market but his call for flexibility is a siren call.
Aa time when Spain is back in the limelight on account of its ever-sprouting corruption scandals, the government is trying to switch public attention to the prospect of impending economic recovery.
The country’s hard-won welfare state system is in reverse gear, with rights and social justice being handed back to charities, as was the case in pre-constitutional Spain.
Spain ‘Most Undervalued’ Stock Market, Tchir Says (Video)
Documental de Paul Mason (BBC) sobre el colapso económico de España.
The concern today, especially for Washington, is to keep the European utopia alive for as long as possible.
Spaniards are now rejecting the cynical confiscatory policies that aim to bailout an insolvent system managed by morally-insolvent politicians.
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.