Spain

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 [...]

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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