spanish politics

spanish spoken in the US

Spain’s Recovery In The Context Of Trump’s Victory

Since the beginning of 2014, the Spanish economy has been recovering from a very tough crisis – unemployment jumped from 8% in 2008 to 26% at the start of 2014 and has now fallen to 18.9%. This is in part thanks to the ECB’s extremely expansionary monetary policy and low interest rates. Now after Donald Trump’s victory, everything could become unstable.

 

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Spain Government As Seen from Germany

Within the German government and amongst the (serious) media there is a fair amount of comprehension towards the PP government. This is in part, I suppose, because some party members have taken advantage of official contacts to explain the reforms undertaken (particularly the labour reform) and how they identify with the demands of a tough adjustment programme. Furthermore, they have no doubt offered support for German proposals within the EU or the Eurogroup