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Juan Ramón Rallo
4 October 2012
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  It has been a huge surprise that, according to a recent analysis (pdf) conducted by consulting firm Oliver Wyman, Spanish banks only need a relatively small public capital injection...
Juan Ramón Rallo
14 September 2012
1 comment

  Living on debt is a Western disease which has been fuelled by the universalisation of inconvertible paper money. Obviously, Spain has not been immune, as anyone can clearly check by...
Juan Ramón Rallo
13 August 2012
2 comments

Madrid's persistent pressure for the European Central Bank (ECB) to monetise part of its debt is necessarily a self-defeating strategy. Once the Spanish government recognises that it is unable...
Juan Ramón Rallo
12 June 2012
2 comments

Although the Spanish government refuses to tell the truth to the citizenry, both the government and the banks have clearly been bailed out by the Eurogroup. Spain’s financial entities,...
Philip Booth
8 June 2012
6 comments

Europe is riddled with bad debt. In some countries, such as Spain, banking systems are in chaos. In other countries, the government has accumulated sufficient debt that it does not even require a...
Juan Ramón Rallo
22 May 2012
13 comments

It is not austerity but the threat of insolvency that is killing peripheral economies such as Spain. Since it has become clear that the European Union is not willing to completely mutualise risks...
Ángel Martín Oro
18 April 2012
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  After just four months in office, the new Spanish government faces a very difficult situation. The measures implemented by Mariano Rajoy’s administration have not been as effective...
Ángel Martín Oro
12 December 2011
1 comment

Almost everyone expected the Socialist Party to lose the recent Spanish elections by a wide margin. Their mismanagement of the economic crisis destroyed their credibility with the Spanish people,...
André Azevedo Alves
29 July 2011
1 comment

The severity of the current Portuguese crisis results from a mixture of internal and external factors. After an initial boost in the second half of the 1980s fuelled by EU membership and some...
David Howden
26 April 2010
3 comments

Talks over what should happen about the Greek debt situation were recently delayed by the impromptu eruption of the Icelandic volcano Eyjafjallajökull. In the meantime, analysts and...