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News, comment and analysis on Spain, Portugal and beyond

EU

How history will judge Zapatero

October 27, 2011 by Guy Hedgecoe 7 Comments

Zapatero: not feeling so lucky anymore...

Jordi Sevilla, a former minister in the government of José Luis Rodríguez Zapatero, recalls how his then boss once told him about a massage he had enjoyed a few days after becoming prime minister. “The masseur was amazed at how little tension he had,” Sevilla said. “This guy had spent a week in La Moncloa (the prime minister’s residence) and that’s enough to leave anyone completely spent!” The anecdote, recounted to writer José García Abad, reflects a couple of popular, not entirely accurate, perceptions about Zapatero: that he is a detached, even cold politician, whose meteoric career has been driven purely by calculation; also that he is a featherweight who doesn’t understand the … [Read more...] about How history will judge Zapatero

Filed Under: Featured, Politics, Spain News Tagged With: austerity plan, Basque country, ETA, EU, eu crisis, eu debt, eu debt crisis, european union, Franco, gay marriage, historical memory law, José Luis Rodríguez Zapatero, march 11, Partido Popular, popular party, PP, spain economy, spain politics, spanish debt crisis, spanish economy, spanish politics, spanish socialist party, terrorism, zapatero, zapatero legacy

Rajoy approaches the big job with his head down

June 16, 2011 by Guy Hedgecoe Leave a Comment

As rumours that next year’s general election will be brought forward to the autumn intensify, so does the realisation that by the end of the year, Mariano Rajoy could be prime minister. The strange thing is, judging by his party’s recent behaviour, this doesn’t seem to have dawned on him. If he had fully grasped the reality of his situation, you would think he would tone down the talk of Spain being an economic basket case. But  his opposition Popular Party (PP) is determined to hint, suggest, or just plain decry, that the country is in real trouble. Since last year, the PP has been openly wondering whether Spain deserves to be in the same bracket as Greece, Portugal and Ireland. In … [Read more...] about Rajoy approaches the big job with his head down

Filed Under: Featured, Iberoblog Tagged With: austerity plan, economy, election, elections, EU, european union, greece, Partido Popular, Politics, popular party, PP, rajoy, spain, spain news, spanish economy, spanish news

A lurch to the right that cost Zapatero dear

May 23, 2011 by Guy Hedgecoe Leave a Comment

Spain’s political map was redrawn on Sunday. A devastating defeat for the Socialist Party saw the Popular Party win the most votes in 11 of 13 regions and open up a two-million vote advantage in the municipal elections. However you look at it, this was an utter disaster for Zapatero. This may not have been his fight, strictly speaking, because of its local nature. But having been his party’s chief electoral asset for several years, the prime minister has now become its albatross – something he tacitly admitted several weeks ago by deciding not to run for a third term. However hard his regional barons and municipal candidates tried to distance themselves from their national leader, … [Read more...] about A lurch to the right that cost Zapatero dear

Filed Under: Iberoblog Tagged With: 22-m, elecciones autonomicas, elecciones municipales, EU, european union, spain economy, spain local elections, spain news, spanish economy, spanish news, spanish politics, zapatero

Spain: Too big to fail?

May 12, 2011 by Andrew Eatwell 4 Comments

The European Union’s three victims-so-far of the global financial meltdown have, not incorrectly, been described as the economic bloc’s periphery. Their economies are relatively small and, though at times worries about their debts have undermined the euro currency, their problems – even taken in combination – are hardly likely to bring the bloc to its knees. Individually, they were sick from a debilitating cocktail of similar problems: bed-ridden with debt and weak from a bad diet of profligate government spending and loan-happy banks. Nothing, it seemed, that a dose of bailout money from the EU and IMF could not cure with a trip to the emergency ward. Spain is showing similar symptoms. … [Read more...] about Spain: Too big to fail?

Filed Under: Business Tagged With: austerity plan, bailout, banks, debt crisis, economy, EU, EU bailout, eu debt crisis, euro, european union, greece, greek crisis, Greek debt crisis, pigs, portugal, portugal ireland greece, recession, spain, spain economy, spain news, spanish debt, spanish economy, spanish news

With almost five million out of work, Spain’s unemployment crisis rages on

April 29, 2011 by Andrew Eatwell Leave a Comment

In January 2009, Spain’s then Labour Minister Celestino Corbacho declared confidently that the number of jobless people in Spain would not surpass the four million mark. It took only three months for him to eat his own words as unemployment shot past that psychologically significant level. It has continued to tick upwards ever since. Corbacho lost his job in October last year. Now another minister, Elena Salgado, who holds the economy portfolio and serves as second deputy prime minister, is also putting her credibility on the line. In a press conference on Thursday, she said five-million plus job seekers is not on the cards. “In the opinion of the Economy Ministry that figure will not … [Read more...] about With almost five million out of work, Spain’s unemployment crisis rages on

Filed Under: Business, Featured Tagged With: corbacho, desempleo, elena salgado, EU, european union, labour market, paro, recession, spain, spain economy, spain news, spain unemployment, spanish economy, spanish news, unemployment

A bitter celebration as Portugal remembers the Carnation Revolution

April 25, 2011 by Guy Hedgecoe Leave a Comment

Thirty-seven years ago today, a swell of disenchantment with the Portuguese government of Marcello Caetano, a continuation of the regime of long-time dictator António Salazar, prompted a group of army officers to lead a coup. Word spread, resistance was virtually non-existent and in the space of a few non-violent hours, the regime was on the verge of being ousted. The putsch culminated in a strange scenario in which Caetano locked himself inside the National Republican Guard building in Lisbon’s Carmo Square as a massive crowd – including armed soldiers and curious men, women and children from the neighbourhood – gathered to watch. After several hours, Caetano gave in and signed a … [Read more...] about A bitter celebration as Portugal remembers the Carnation Revolution

Filed Under: Politics, Portugal News Tagged With: april 25 1974, Carnation Revolution, dictatorship, EU, jose socrates, portugal, portugal economy, portugal news, portuguese economy, portuguese news, portuguese politics, revoluçao dos cravos

The market tears up Zapatero’s social contract

May 18, 2010 by Guy Hedgecoe Leave a Comment

“My government’s ambition is to make this an innovative, creative, entrepreneurial country while upholding the social welfare state… I think we should learn the lesson of the Great Depression: when an economy enters a deep recession, the only way we can come out of it is from a big push from the public sector.” José Luis Rodríguez Zapatero uttered these words less than a year ago. At the time, with Spain mired in recession, critics could argue with his ideological stance, but nobody could doubt his convictions. However, the prime minister’s announcement on May 12 of a broad and radical raft of austerity measures has seen him perform the biggest U-turn of his six years in government … [Read more...] about The market tears up Zapatero’s social contract

Filed Under: Politics Tagged With: austerity plan, business, credit crisis, debt markets, economics, EU, euro, investors, markets, Politics, rajoy, spain austerity, spain debt, spain recession, spanish debt, zapatero

The curse of the EU presidency

March 30, 2010 by Guy Hedgecoe Leave a Comment

In retrospect, Spain might be seen as one of the unluckiest ever holders of the EU rotating presidency. A host of unfortunate developments – most not of his own making – have conspired to make the first half of José Luis Rodríguez Zapatero’s six-month term, which began on January 1, difficult and at times hapless. With Spain among the bloc’s most economically troubled members, it was always going to be hard for Zapatero to lead the EU out of recession from the front. Moreover, major institutional changes were implemented just as the term presidency was starting, with a degree of mystery surrounding the new system and its roles, including that of European Council president. As if that were … [Read more...] about The curse of the EU presidency

Filed Under: Politics Tagged With: ashton, brussels, EU, eu presidency, europe recession, european union, greece, madrid, obama, recession, spain, spain economy, spain eu presidency, van rompuy, zapartero

Morocco edges closer to Europe

March 5, 2010 by James Badcock Leave a Comment

Question: Which country applied for EU membership the same day as Turkey in 1987? Answer: Morocco. While full membership for the Maghrebi nation is viewed as impossible, the weekend of March 6-7 does signal a landmark on the long road toward a truly advanced status of integration into European structures and political realities onto which the Moroccan ruling elite is pinning so many of its hopes. The EU-Morocco summit, held within the architectural gem of Al Andalus, Granada’s Alhambra palace, is designed to celebrate the achievements of the past few years; Rabat has secured an advanced partnership status with the EU, unique in the Arab world, and agreed to an extensive trade deal – … [Read more...] about Morocco edges closer to Europe

Filed Under: Politics Tagged With: Aminatou Haidar, EU, EU-Morocco summit, european union, france, France Telecom, Granada, Mohammed VI, morocco, Renault, spain, western sahara

Spain, Europe and the world: Zapatero’s moment

January 24, 2010 by Guy Hedgecoe 1 Comment

The six-month rotating presidency of the European Union passed on 1 January 2010 from Sweden to Spain. At the formal ceremony of transition in Madrid on 8 January, the Spanish prime minister José Luis Rodríguez Zapatero outlined a bold agenda: he reaffirmed that his country’s tenure would be one of action and initiative in which financial recovery and the boosting of the EU’s place in the world would be his foremost priorities. It sounds like the expression of confident leadership that a Europe buffeted by the economic crisis, the failure of the Copenhagen summit and its shrinking global role badly needs. But what are the prospects of Zapatero fulfilling his lofty aims? The centre-left … [Read more...] about Spain, Europe and the world: Zapatero’s moment

Filed Under: Politics Tagged With: cuba, economy, EU, Europe, iraq, Politics, recession, spain, united states, washington, zapatero

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