The Spanish prime minister’s announcement that he will not run as the Socialist candidate in the 2012 general election was, by the time he made it on April 2, hardly a surprise. Rumours and reports to this effect had been leaking out of the party camp for weeks. But while this decision clears the air of any lingering uncertainty about José Luis Rodríguez Zapatero’s future, that of his party remains very much shrouded in mystery. According to the Socialists, their leader’s calculated withdrawal puts them on the front foot as the May 22 local elections approach. Zapatero, they reason, has taken the initiative, choosing when to go rather than allowing events to dictate his course. This is … [Read more...] about Zapatero was damned if he did and damned if he didn’t
Socialists
History repeats in Portugal
Walk the streets of any Portuguese city and sooner or later you will come across a scene that seems unchanged for decades: shoe-shiners on Lisbon’s Avenida da Libertade, elderly ladies hanging laundry from tumbledown balconies in old Porto or fish sun-drying on the beach in Nazaré. One of Europe’s most unassuming and introverted countries, Portugal is a place where the past is gazed upon with a sense of melancholy – until, of course, the past comes back with a bite. Since late January, Portugal has taken a battering on international markets, as its bond prices have plunged and ratings agencies have threatened to cut the country’s credit grade amid fears over rising budget deficits and … [Read more...] about History repeats in Portugal