Spain Plans More Austerity, But Regions Rebel
Madrid is struggling to balance spending as its provinces grow restless.
Spain
Spain Bringing Stormy Economic Weather This Summer
The European Central Bank is expected to help Spain address its economic woes.
Spain’s Rajoy Announces More Cuts, Tax Increases
The Spanish leader unveils “necessary” austerity measures to bring spending in line with revenue.
Spain Trying to Tax Its Way Out of Recession
Spain sacrifices long term economic progress to short term deficit reduction.
Southern Europe’s Woes, Failure of the Welfare State?
Germany, the Netherlands and Sweden are welfare states too yet their economies are highly competitive.
Spain Downgraded, Bank Bailout Expected Soon
Spain is expected to ask its European allies for help to prop up its ailing banks.
Berlin Really Doesn’t Want a European Banking Union
German taxpayers are resistant to underwriting foreign bank deposits.
Spain Asks European Help to Recapitalize Banks
Finance minister admits that Spain can’t afford to prop up its banking sector on its own.
Spain’s Economic Climate Not Reflecting the Season
Summer is normally the most financially productive time of the year in Spain.
Respite for Spain, Fiscal Challenges Remain
Spain is offered an extra year to reduce its budget deficit, a target its autonomous regions are unlikely to meet.
Ireland, Spain Cast Doubt on Europe’s Austerity Pact
Opposition in Ireland and a worse fiscal outlook for Spain could jeopardize Europe’s fiscal compact.
Fortress Under Siege? Gibraltan Sovereignty in Jeopardy
The Spanish government has signaled an interest in renegotiating the position of the Rock. What’s at stake?
Europe “Essentially Makes Keynesianism Illegal”
Britain stands on the sidelines as the rest of Europe moves toward closer economic and fiscal integration.
Spain’s Deficit Higher Than Expected, Taxes Hiked
Spain’s new government embarks on an austerity agenda with budget cuts and tax increases.
IMF to Save Italy, Spain from Default?
Northern resistance to fiscal union may necessitate a bigger role for the IMF in the euro crisis.