Tales for Tapas: Irrational exuberance
An economy minister’s upbeat outburst; Germany’s banking downer; and money for young talent.
An economy minister’s upbeat outburst; Germany’s banking downer; and money for young talent.
Despite the government’s difficulties, the opposition party is struggling. Is Eduardo Madina the answer?
Spain’s economic problems now form part of such a complex web of cause and effect, action and reaction, that it is getting increasingly difficult for laymen, journalists and politicians alike to get to the core of what is actually happening.
The Spanish government has so far managed to avoid requesting a sovereign bailout and says growth will return by the end of 2013. But the bad news is that once again, recession still lurks on the horizon.
To his supporters he’s calm, considered, strategic and resilient. But to his critics – whose ranks have swelled this year – Spain’s prime minister is hesitant, rigid, poorly advised and uncharismatic.
In his southern Spanish town, the bearded, charismatic mayor claims to have established a socialist “utopia”, where cooperation, solidarity and relatively low unemployment buck the trend in one of the regions hardest hit by the recession.
© 2013
Iberosphere. All Rights Reserved.
Log in