Spanish economy


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‘Insiders’: Spain’s unemployment new face

Highly educated, they used to have steady jobs and decent wages… until now. The so-called ‘insiders’ are the new victims of Spain’s unemployment drama, which affects more than 27% of the population. Prospects for 2013 are gloomy, since credit is not flowing, SMEs are choking and consumption remains paralyzed. Have the labor reform and all sacrifices been worth it?









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Spanish pensions should be taken seriously, Mr Rajoy

Wages decline has put Spain back in the beginning of the century. But the warning sign for the country are citizens’ pensions: crucial for the most defenseless. Both President Mariano Rajoy and the Spanish society have an enormous stake in social welfare.