Tag Archives: Spain

Spain Richer Than Germany Says Bundesbank

Unbelievable, but true. A new report from the German Central Bank, or as it is called, the “Bundesbank”, has announced that, according to their calculatons,  Spaniards are 33% richer than Germans. According to them, Germans can only dream about possessing … Continue reading

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You Have No Shame!

You Have No Shame Last Saturday night, the goalkeeper for FC Barcelona Victor Valdes lost his cool after the final whistle of the game between Madrid and Barcelona. In a rant of anger and disgust, he repeatedly insulted the referee, … Continue reading

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More Spanish Leeway?

Madrid looks much further off track. Spain, in recession last year and seen shrinking again this year, was asked last July to cut its structural deficit by 2.7 points in 2012 to 4.3 percent of GDP and by 2.5 points … Continue reading

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Spain Takes a Backseat

The Eurozone will continue in recession through 2014. Critics point to Spain, France and Portugal as the worst economies in Europe. Spain promised to cut their debt to 6.3 percent of national production, but ended the year with 10,2 percent … Continue reading

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Spain to Become the Next Germany of Europe

Morgan Stanley, an American investment bank, says that Spain will become the next Germany of Europe. They say the fall in labour costs and reforms lead to important growth at the end of 2013. Joachim Fels, the author of the … Continue reading

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