As Spanish Prime Minister Mariano Rajoy considers a bailout from the European Central Bank, commentators argue over whether the root of the country’s economic troubles sprang from its housing bubble, rather than prolifigate public spending.
AAP
Spaniards Fernando and Sara got married in 2007. With the help of their parents, the couple bought a house in the outer suburbs of Sevilla because they couldn’t afford one closer to the city.
An art history…
Spain’s Prime Minister, Mariano Rajoy, is under pressure to formally request a bailout from the European Central Bank.
AAP
Up until fairly recently, Spain was a story of economic success. It was an example of how the periphery of Europe was quickly catching up with the core.
Between 1995 and 2007, Spanish real GDP grew at…
Protesters outside the Federal Constitutional Court of Germany express their anger over Germany’s support of the ECB’s debt buy-back scheme.
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By Harald Sander, Cologne University of Applied Sciences (CUAS)
The past few days have seen economic crisis management — if not the political landscape in the Eurozone — change fundamentally. On September 6, the ECB announced it would buy-back unlimited government…
European Central Bank President Mario Draghi announced that the ECB will buy back bonds on the secondary market in a bid to curb the debt crisis.
AAP
Yesterday, the European Central Bank’s president, Mario Draghi, unveiled the European Central Bank’s rescue plan for the Eurozone. Mr Draghi said that the ECB is now prepared to buy sovereign bonds of…
