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Category: Current Affairs (119 articles)

Should rest of Europe adopt Spain’s economic reforms?

Spain's economy is returning to health thanks to recent reforms

A report this week by the Bank of Spain has revealed that the country’s economy grew 0.5 per cent in the third quarter of the year, setting Spain on track to exceed its projected 1.3 per cent growth for 2014 and prompting economists to ponder – should other European countries follow the Spanish example?

For the past six or seven painful years, Spain’s economy was harshly viewed as the template of ‘what not to do’: unemployment was high, job creation was low, labour laws were inflexible and the stench of immovable nepotism hung in the air…

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Author:Ian Clover 31/10/2014 [0] Comments 
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Spaniards worked fewer hours than Brits last year… but more than the Germans

Putting in a shift: Spaniards worked more hours than many other Europeans in 2013

Toss aside any notion that the Spanish are lazy – Spaniards worked far more hours than the Germans, Dutch, Swiss and Swedes in 2013, according to recent data published by the Organization for Economic Development (OECD)…

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Author:Ian Clover 24/10/2014 [0] Comments 
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What now for Catalonia?

The Catalan government has decided to scrap next month's planned referendum on independence

Spain’s want-away autonomous region of Catalonia has cancelled its planned independence referendum in November after the Spanish high court in Madrid stood firm in its refusal to recognise the process…

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Author:Ian Clover 15/10/2014 [0] Comments 
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Spain enjoys 8-year high employment figures

Spanish economy minister Luis de Guindos has overseen the country's steady recovery

September saw Spain post the best job figures since 2006 as the country’s sweeping economic reforms continued to alleviate eight years of gloom.

Although the monthly rise in job creation was only 0.7 per cent, it helped lower September’s unemployment figures – an impressive performance considering that the end of the summer season traditionally swells the dole queue as tourism work dries up…

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Author:Ian Clover 07/10/2014 [1] Comment 
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New Spanish king costs just 17 cents per head, government reveals

At just 17 cents per head, King Felipe of Spain is the cheapest Monarch in Europe

Spain boasts some of the cheapest holiday resorts in Europe, and can now claim to have the most cost-effective Royal family, too.

King Felipe VI, 46 – who took to the throne earlier this year following the surprise abdication of his father, King Juan Carlos – costs each Spaniard just €0.17 cents per year, making him the cheapest figurehead on the continent

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Author:Ian Clover 06/10/2014 [0] Comments 
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Scotland chose correctly, says Spanish PM

Although Catalans were hoping that Scotland would vote yes, the fact they voted at all is encouraging

Spanish Prime Minister Mariano Rajoy has expressed his delight that the Scottish Independence Referendum fell on the side of the ‘No’ vote, citing the “serious consequences” that could have occurred had Scotland voted for independence…

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Author:Ian Clover 22/09/2014 [0] Comments 
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Scotland’s ‘No’ vote pushes sterling to a 2-year high

Sterling banknotes and coinsAs 55 per cent of Scotland’s voters rejected independence on Thursday, in their Daily Market Brief, exchange experts Moneycorp report that overnight sterling advanced across the board, peaking at 02.24am on Friday morning when it was nearly 1 per cent higher on average than it had been 24 hours earlier; and 2.5 per cent above its level ahead of the Sunday Times publishing the first ‘too-close-to-call’ opinion poll on 7 September.

Despite having fallen back a little this morning, sterling remained close to a 2-year high against the euro, while against the dollar it was at its healthiest for more than 2 weeks.

Author:Carolyn Mowlem 19/09/2014 [0] Comments 
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Madrid’s Maggie homage divides opinion

Madrid's Plaza Margaret Thatcher is located in the upscale heart of the city

From Iron Lady to a Madrid square, the legacy of the late Baroness Thatcher – UK Prime Minister between 1979 and 1990 – continues to divide opinion across Britain and Europe following this week’s unveiling of Plaza Margaret Thatcher in the Spanish capital…

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Author:Ian Clover 18/09/2014 [0] Comments 
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Tories promise to give expats back the vote at next general election

Brits who have lived overseas for more than 15 years may be able to vote again in UK elections should the Tories secure a second term

The UK’s Conservative Party has announced that it plans to draw up a manifesto to abolish current laws that state expats lose the right to vote in Britain if they have lived overseas for 15 years or more.

The announcement comes as the Tories begin their pre-election campaign, and the pledge will be introduced after next May should they secure a second term in office…

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Author:Ian Clover 11/09/2014 [2] Comments 
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Spain would block Scottish EU entry, says policy expert

While Spain and the EU have no say in Scottish independence claims, they could influence an Independent Scotland's future

The ongoing secessionist movements in Spain mean that it is ‘highly probable’ that the country would vote to block Scotland’s entry to the EU should the Scots vote in favour of independence at this month’s referendum.

Fears that an independent Scotland gaining access to the European Union would inspire Catalan and Basque claims for independence from Spain mean that the Spanish government will be watching the results of the September 18 vote closely…

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Author:Ian Clover 10/09/2014 [0] Comments 
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