King Juan Carlos warned his fellow Spaniards that the building boom was not only ruining Spain’s coastline, but that it would also end in disaster. He was right on both counts.
Roger Bootle’s award-winning report makes sense for a country which wants to leave the eurozone, but the future for a country like Greece following that exit still looks grim.
Spain and Greece have huge unemployment rates, over 21% for Greece, and nearly 25% for Spain. Both have staggering debts, but Spain’s debt is very much the junior to that of Greece.
I’m alarmed to see that my last post was a month ago. Well, I have my excuses, which include Christmas and The New Year, plus a new client who needs …