Rajoy’s problems aren’t what they used to be
The Spanish government’s biggest worry isn’t the Bárcenas corruption case – it’s an economic crisis that refuses to fade.
The Spanish government’s biggest worry isn’t the Bárcenas corruption case – it’s an economic crisis that refuses to fade.
Spain’s recent glut of corruption scandals has been accompanied by an equally striking phenomenon: a refusal of those implicated to step down from their posts.
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.
The euro continued its slow ascent against the pound and US dollar this week, bouncing back ever since its July nadir of 1.20 against the greenback.
With a rescue for Spain on the horizon, the big question is whether strict new conditions will be attached.
Iberosphere editor Guy Hedgecoe looks ahead to the political, social and economic challenges the government of Prime Minister Mariano Rajoy will face over the coming weeks.
© 2013
Iberosphere. All Rights Reserved.
Log in