Spain

Posts about Spain

Spain’s failure yet again to meet budget deficit target strains relations with Brussels

The conservative Popular Party (PP) government widely failed to meet the 2015 budget deficit target agreed with the European Commission (EC), leaving a daunting legacy for the next administration, whenever there is one, further eroding Spain’s credibility and straining relations with Brussels which will be asked for more time [...]

Will Spain’s political stalemate damage its economic recovery?

The Spanish economy had a good year in 2015, but it ended with an inconclusive election on 20 December that produced a fragmented parliament. Almost two months later there is still no sign of a new government, and the potential impact on the economy’s recovery after a long recession [...]

Global Spectator, by Andrés Ortega Morón Air Base: strategic interests and the culture of security

Spain, essentially because of its geographical positions and its good relations, has become an essential element for the projection of US military power in the present day. It is no longer merely a flank, as in the days of the Cold War, nor a rear-guard area, but a major [...]

Global Spectator, by Andrés Ortega 30 years later: is the EU becoming too narrow for Spain?

Spain and Portugal’s act of accession to the European Communities was signed on 12 June 1985 in Lisbon and Madrid. It was a poignant moment, though overshadowed by a terrorist attack by ETA. For many democrats it was the realisation of the dream of joining a project from which [...]

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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