Spain

Posts about Spain

How much Spanish sovereign debt does China hold?

After years trying to find out the currency composition of China’s foreign reserves portfolio (a topic mired in the outmost secrecy), I thought finding out who holds Spanish sovereign debt would be an easier job. Not least because we Europeans tend to think or at least pretend we are [...]

Has Spain Turned the Corner?

After almost two years of doom and gloom, the Spanish government has been trumpeting, perhaps rather too loudly, some good news on the economic front: The economy shrank by ‘only’ 0.1% in the second quarter over the first quarter. Exports continue to boom. The number of tourists this year [...]

Australia: so far and yet so near

While geographically far apart, Spain and Australia have a steadily growing relationship. The core of their expanding bilateral engagement is defence cooperation, as explained at a recent working breakfast at the Elcano Royal Institute by Jane Marie Hardy, Australian Ambassador to Spain. Furthermore, both countries are like-minded on most [...]

Spain’s Unemployment Conundrum

There is only a glimmer of light in Spain’s long unemployment tunnel after five years of recession. This is because a new economic model has yet to emerge to replace the one excessively based on the property sector, which collapsed with devastating consequences. The depth of Spain’s crisis is [...]

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