On Wednesday, Greek Finance Minister Evangelos Venizelos accused German Finance Minister Wolfgang Schaeuble of more or less plotting to push Greece out of the euro, while Schaeuble in turn said he is tired of dumping money into a black hole. This has delayed the dispatch of the second Greek bailout, bringing Greece closer to the March deadline before it defaults. For me, the dispute raises an interesting point about who is to blame per se for this continuing Greece debacle. Reading around, it seems to me the EU is getting a bad rep here, with Germany especially being painted as a dictatorial monster. Is this the case? I mean - I concede that the EU is a bureaucratic nightmare, but is … [Read more...] about Euro stumbles as Greece ups its brinkmanship
spain labor reform
Jobless in Spain: a personal viewpoint
In January of this year, I became one of Spain's five million unemployed. The redundancy in itself has not hurt me badly. I receive a decent monthly unemployment benefit (with entitlement for 16 months) and, on a personal level at least, must admit to being pleased that my husband is one of Spain's 2.5 million job-protected funcionarios. The circumstances surrounding my redundancy, though not atypical, were legally ambiguous. “Ambiguous” because I had been hired to work until the completion of an unspecified project (or 'Fin de Obra') under what remains to date the most common type of contract in Spain. As I was hired in 2009, more than two years prior to recent changes in … [Read more...] about Jobless in Spain: a personal viewpoint
It’s the economy, stupid
The young protestors who have converged on Madrid’s Puerta del Sol square – and, increasingly, on squares in cities across Spain – under the banner of the 15-M Movement have myriad demands. They want political change, a more open participative democracy, corrupt politicians out of office, the repeal of “unjust” laws, a reform of benefits for the political class, tax reform, a referendum on the monarchy, a higher minimum wage, the full separation of Church and state… the list goes on. But although the protestors’ demands are heartfelt and sweep across many socio-political areas, it is ultimately – and understandably – the protestors’ wallets that have driven them to camp out in Madrid and … [Read more...] about It’s the economy, stupid