MADRID | By Carlos Díaz Güell | We are facing a new era in global economy: the rise of the so-called “new economy,” full of challenges and uncertainties that can’t be ignored so as to be on the road to growth. However, Spanish politicians seem to turn a deaf ear and to ignore the needs of the labour market.
MADRID | By Luis Arroyo | Lower salaries do not always bring more employment. This is a myth. The liberalisation of the labour market is altogether another matter, and in some Eurozone countries–as Spain–we are still waiting for it to be implemented.
The levels of unemployment registered by the Spanish labour market worry the whole of the eurozone, which is eager to see positive signs after Madrid implemented budget cut programmes and reforms. BNP Paribas said job creation is coming and will be quick.