Playing with fire leads to the US blaze
MADRID | In a year where most developed economies are engaged in austerity packages, contagion from a weakened US economy poses a real problem.
Articles by JP Marin Arrese
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JP Marin Arrese
JP Marin Arrese
Spanish unemployment is a beast that can be defeated
MADRID | Don’t blame the recession as the only source of this huge Spanish unemployment when fiscal drag on salaries represents over 80% of overall receipts.
Corruption deserves no mercy
MADRID | Spain has a lot to learn from political life in Britain or the US, where bipartisan broad agreement to engage into an objective and transparent way of working gives rise to thorough sensible proposals against corruption.
How to cope with the Spanish unemployment
MADRID | What went wrong? Spanish unemployment is closely linked to the shortcomings the reform was unable to cope with: better labour relations and time-contract jobs on a too wide scale.
Spain’s crisis tamed, but still biting
Are we witnessing a real improvement in Spain’s performance? Some key data point in the right direction. Relentless efforts to streamline public finances are paying off.
The fiscal cliff battle as a sign of a covert civil war
Most Republicans act as obdurate and dogmatic preachers of a new faith that refuses any concession on the core objective of making life miserable for liberals, women and non-white minorities that cast a vote enabling an evil and un-American President to be re-elected.
Catalonia’s sovereignty plan leads nowhere
MADRID | Catalonia’s economy might head for rough times as investors flee from political uncertainty and the danger extremists might take over. CiU leader Artur Mas is heading for disaster.
Euroland’s inability to deliver growth
The austerity trap. That’s the price to pay for an asymmetric scheme that fails to impose any discipline on those, like Germany, equipped with comfortable margins of manoeuvre for increasing their domestic demand.
A German-shaped Banking Union
Don’t expect a single penny to be spent on banking restructuring processes for a long time to come, a nasty prospect for neighbours anxiously awaiting the common supervision agreement to clean up their messy financial industry.
A flawed Berlin-dictated Euro-governance
MADRID | Germany is taking advantage of other euro zone partner’s feebleness to impose its credo. It aims to firmly anchor the fiscal compact initiative it has so forcefully battled for.