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Unemployment, and the efforts to create jobs in other sectors, as well as keeping the gains of the social welfare state.
Grouped Articles
Economist 02/11/2010
Spanish politics: Zapatero's endgame
Economist 10/23/2010
Leader Vows to Update Spain’s Economy, With Labor Rights Intact
New York Times 08/01/2009
Moody's Questions Spanish Banks
Wall Street Journal 10/14/2009
In Spain, a Soaring Jobless Rate for Young Workers
New York Times 01/01/2010
Spain is simply shifting the problem
Wall Street Journal 05/14/2010
German banks have large holdings of Greek bonds, and much larger holdings of bonds from the crisis affected countries of Greece, Portugal, Spain and Ireland.
Grouped Articles
Already Holding Junk, Germany Hesitates
New York Times 04/28/2010
Euro Rises After I.M.F. Increases Aid Pledge to Greece
New York Times 04/29/2010
As Greek Drama Plays Out, Where Is Europe?
New York Times 04/29/2010
Europe Acts Swiftly on Long-Delayed Greek Bailout
New York Times 04/29/2010
The Next Global Problem: Portugal
New York Times 04/30/2010
Portugal to cut wages, raise taxes
Wall Street Journal 05/14/2010
It costs close to 400,000 to insure $10 million of government debt against default for Greece. The numbers are close tov $300,000 for Ireland, close to $200,000 for Britain and close to 100,000 for Germany. See graph.Ireland just announced its new budget in December 2009 with strict austerity measures and cutting public sector pay. See the link to Ireland. Recent taxes on bank bonuses in Britain raise $500 million and attempt to assuage public sentiment.
Grouped Articles
Spain's Debt Woes Echo Europe's Uneven Rebound
Wall Street Journal 12/10/2009
Ireland Cuts Budget in Bid to Tame Debt
Wall Street Journal 12/10/2009
Thumbs Up For the U.K. Bonus Tax
Wall Street Journal 12/10/2009
Wall Street Journal 11/20/2009
Wall Street Journal 12/23/2009
BusinessWeek 12/10/2009
Greece and Portugal are in much riskier shape than Argentina was when it defaulted in 2001, argues Simon Johnson.
Grouped Articles
Portugal Returns to Bond Market
Wall Street Journal 05/08/2013
Idea of Euro Exit Finds Currency in Portugal
Wall Street Journal 05/27/2013
Wall Street Journal 02/11/2014
Greece Defaults on IMF Loan Despite New Push for Bailout Aid
Wall Street Journal 07/01/2015
Greece, Missing I.M.F. Payment, Is Called Effectively in Default
New York Times 06/30/2015
Portugal on Road to Recovery Post-Bailout, But Scars Remain
Wall Street Journal 07/20/2015
Austerity measures designed to fend off the contagion efects from Greece and win credibility in financial markets.
Linked Articles
Portugal to cut wages, raise taxes
Wall Street Journal 05/14/2010
Spain is simply shifting the problem
Wall Street Journal 05/14/2010
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