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How history will judge Zapatero

Zapatero: not feeling so lucky anymore...

Many will remember Spain’s socialist prime minister for his mishandling of the economic crisis. But his legacy in other areas – particularly social reform – is substantial.

October 27th, 2011 | Posted in Featured, 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 »

Portugal’s debt: a tale of pride and prejudice

Portuguese Prime Minister José Sócrates still has plenty to ponder. Photo: José Goulao.

Portuguese officials continue to insist they can keep the threat of a bailout at bay with their current austerity push. However, that does not mean the markets will be convinced.

February 24th, 2011 | Posted in Business, Portugal News | Read More »

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