internal devaluation policy

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Where is the success of the painful internal devaluation policy?

MADRID | By Luis Arroyo | The Spanish government has the statistics of the major firms in Spain, whose turnover amounts to more than €6 million, and uses the data to figure out where the economy is going. I don’t think this is a trustworthy source –although it is interesting- because businesses have a bigger self-financing capacity: they are not in need of banking credit to survive.