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…
The Basque cooperative Mondragon has remained resilient, despite Spain’s deepening economic slump.
Flickr\Fagor Automation
Back in the early 1980s, the former Secretary of State for Education in Harold Wilson’s Labour government, Shirley Williams, alerted me to a remarkable instance of regional economic development through…
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…
Fair contest: should we tinker with the rules in a free market?
AAP
We all know the global economy is down the toilet. Even if we overlook the financial debacle in Greece, Spain, Iceland, Ireland – and that’s not easy – the big problem is Uncle Sam. Currently, the US Government…
Germany’s triple A rating has been given a negative outlook by ratings agency Moody’s, amid ongoing woes in Greece, Spain and Italy.
AAP
On 23 July, the rating agency Moody’s put the triple A debt of Germany, the Netherlands, and Luxembourg on a negative outlook. The day after, the outlook on the European Financial Stability Fund was also…
Campbell Newman’s linking of Queensland’s dire financial situation with that of Spain saw quite a backlash, but is there an underlying element of truth?
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By Mark McGovern, Queensland University of Technology
Comments by Campbell Newman that Queensland was on the way to bankruptcy are, unfortunately, true. His comment that “Queensland does not have the money…” is globally true – but clearly specifically arguable…
Show of unity: Spain’s King Juan Carlos (centre) supported austerity cuts by Prime Minister Mariano Rajoy – but expressed concern about their impact on Spanish youth.
AAP
Half of Spain’s youth (that is, those under the age of 25) are now officially unemployed, while overall unemployment in Spain stands at 24.4%, according to the latest figures released by the Spanish Institute…
Spanish Prime Minister Mariano Rajoy: banks are bailed, but just a brief respite?
AAP
The positivity off the weekend’s news that Spain’s banks will receive rescue loans of up to 100 billion euros from eurozone finance ministers appears short-lived.
Despite it being well-received in Asian…
Generation Nothing: Spanish protestors against austerity in Cadiz.
Aleksandra Hadzelek
This week marked the first anniversary of the 15-M movement, a precursor of Occupy movements worldwide.
15-M again mobilised its supporters for a 4-day long program of street protests culminating in a…
Plans by Spain’s new conservative government to push through deep labour reform has provoked protests, as it struggles to tackle its soaring unemployment rate.
AAP
Spain’s general strike last week has sent a clear message to other Eurozone countries about how challenging it may be to implement labour market reform.
The strike was mostly peaceful, with the exception…
The Occupy movement: different agendas, but united by the right to civil disobedience.
The “Occupy” movement has swept the world in the last five weeks, as seems appropriate in this year of demonstrations by people tired of a clapped-out status quo.
Of course, the Occupy movement is quite…
15-M started in Spain, but it has sparked protests around the globe.
EPA/Jesus Diges
This weekend Spain will see the return of its “revolution”. Those involved in the 15-M movement will once again take to the streets en masse to demand urgent reforms. Under the motto “united for a global…
The protest which started here in the Puerta del Sol in Madrid in mid-May has now swept throughout Spain.
AAP/Pedro Armestre
On 15 May 2011, one week before Spanish regional and municipal elections, young people gathered on Madrid’s Puerta del Sol square to start a protest known as 15-M movement.
It has since acquired a universal…
