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Rajoy’s big challenge: “Reassure the markets”

Rajoy’s big challenge: “Reassure the markets”

After taking the Spanish election by a landslide, centre-right leader Mariano Rajoy faces the challenge of reassuring international markets that he can tackle Spain’s debt crisis, says Guy Hedgecoe.

November 21st, 2011 | Posted in Videos | Read More »

Right sweeps to power in Spain, but don’t expect “miracles”

Rajoy election victory

A landslide election victory has given the centre-right Popular Party a blank cheque to tackle the economic crisis, but voters expecting immediate results will be sorely disappointed.

November 21st, 2011 | Posted in Featured, Politics, Spain News | Read More »

Ahead of election, Spain’s next prime minister leaves everyone guessing

A 21-percent jobless rate is one of the obvious weaknesses of the Spanish economy.

Usually when voters go to the polls they have an idea about competing politicians’ policies, and only a vague idea about which of them is going to win. But when Spaniards vote in early elections in one month’s time, they will know, almost for sure, who will win, though they’ve got only the faintest clue as to what that might mean.

October 19th, 2011 | Posted in Business, Featured, Spain News | Read More »

Spain’s Socialists scuttle the ship

Spain's Socialists are riding a storm.

As his second term draws to an end with the start of the general election campaign, Zapatero’s party is in a mess of its own making.

September 23rd, 2011 | Posted in Politics, Spain News | Read More »

Thrifty newcomer may be just the ticket in profligate Portugal

Passos Coelho

Portuguese voters have swung to the centre right in an election focused on the country’s economic woes and IMF bailout.

June 8th, 2011 | Posted in Featured, Politics, Portugal News | Read More »

Spain: Too big to fail?

Spain's economy is more robust than the bailed-out countries, but it's also much bigger. Image: European Weekly.

Greece, Ireland and now Portugal. Debt-ridden, deficit-laden and bankrupt were it not for bailouts from abroad. Spain is the fourth and final letter in the hackneyed PIGS acronym for Europe’s struggling economies. It is also the biggest, and its economic future will decide the fate of the euro zone.

May 12th, 2011 | Posted in Business | Read More »

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