As Spain has moved closer to what looks increasingly like economic disaster, there have been a couple of surprising - even heartening - moves by the country’s senior politicians lately. One was the announcement made by Socialist leader Alfredo Pérez Rubalcaba that his party offered its full support to the conservative government going into the key European summit in Brussels on June 28. This rare instance of political unity was accompanied by an unusual show of stark public honesty by Prime Minister Mariano Rajoy. “We can’t finance ourselves at these levels of interest much longer,” said the man who had denied that Spain would request a bank bailout days before it did so, and who said he … [Read more...] about Spain’s true crisis isn’t economic, it’s institutional
spain socialists
Spain’s Socialists don’t know where to turn
A new Spanish government takes office and the year comes to a close, but the end is still not in sight for the existential crisis that the country's Socialist Party (PSOE) is suffering. It's a crisis that one way or another, the PSOE has been going through for about 12 months, ever since José Luis Rodríguez Zapatero let slip, around Christmas of last year, that he might not be the party's candidate in the next general elections. The frenzy of expectation was only partially dampened when Zapatero confirmed he wouldn't be running, and the debate over who would succeed him gathered steam. The “debate” turned into a swift rubber-stamping of the veteran Alfredo Pérez Rubalcaba as the … [Read more...] about Spain’s Socialists don’t know where to turn
Spain’s election will complete country’s swing to the right
On November 20, the fate of another European leader will be sealed by the ongoing economic crisis. Barring a major surprise, Spain will vote in conservative Mariano Rajoy as its new prime minister, to replace José Luis Rodríguez Zapatero. Zapatero is not running for reelection a second time, instead his Socialist colleague Alfredo Pérez Rubalcaba is the government-backed candidate. But when Zapatero announced earlier this year that he would be stepping aside, there was no doubt that it was the economy that had cut his career short, in the same way it has ended the administrations of Georgios Papandreou of Greece and Italy’s Silvio Berlusconi. With Spain once again exposed to market … [Read more...] about Spain’s election will complete country’s swing to the right