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Keywords:
Tags: Spain, European Union,
Analysts point to the austerity measures adopted by Italy and Spain much earlier than other countries in the eurozone. The risk now is cutting into muscle as growth for 2011 is expected to be below 1% in both countries. Italy say analysts is actually in surplus when the interest on debt is excluded.
Grouped Articles
Italy Urged to Resist a Relapse in Spending
Wall Street Journal 05/03/2013
Still Sputtering, Spain Turns Away From Cuts
Wall Street Journal 05/12/2013
German Election Overturns Political Order
Wall Street Journal 09/23/2013
New York Times 11/03/2013
Saying No to Austerity, Spain Unveils Tax Cuts
New York Times 06/20/2014
European Finance Ministers Support Investment Program
New York Times 09/14/2014
The Partido Popular under Mariano Rajoy is expected to win a large majority in Spain's general elections in 2012.
Grouped Articles
Spain's Rajoy Rejects Calls to Quit Over Text Messages
Wall Street Journal 07/16/2013
Spain Emerges From Recession but Sees More Austerity Ahead
Wall Street Journal 09/23/2013
Election Is Unlikely to Cure Spain's Pain
Wall Street Journal 11/16/2011
Spanish Vote Heralds More Austerity
Wall Street Journal 11/18/2011
Spain’s conservatives declare victory in election - The Washington Post
Washington Post 11/20/2011
Conservatives Ride Crisis to Victory in Spanish Vote
Wall Street Journal 11/21/2011
Bond yields for Spanish government bonds in 2011-2014.
Grouped Articles
Return of Long-Term Bond Buyers Seen as Crucial to Europe
New York Times 06/29/2012
A Warning Light to Alert the I.M.F.
New York Times 09/21/2011
Europe Bonds May Offer More Value
Wall Street Journal 08/23/2013
New Spanish Budget Free of Austerity Measures
New York Times 09/27/2013
Netherlands Loses Triple-A Rating, Spain Outlook Raised
Wall Street Journal 11/30/2013
Bonds of Italy, Spain Narrow Gap With U.S., German Yields
Wall Street Journal 04/09/2014
Spain is a highly decentralized country with the central government in Madrid able to exercize little control on spending by the regions. The eurozone crisis and the higher than expected 8% deficit in Spain for 2011 is changing attitudes in the regions and in Madrid. The clause inserted in the constitution in 2011 with Germany's insistence for a balanced budget gives Madrid power to restrain spending. An agreement was reached with regional governments including Catalonia for new legislation on spending controls. Valencia was downgraded along with Spain in the recent downgrade of Spain's credit rating.
Grouped Articles
Europe to Vote on Tougher Rules for Currency
New York Times 09/27/2011
Rajoy Appeals to Catalonia to Stick With Spain
Wall Street Journal 09/23/2013
German Optimism Depends On Spanish Deficits
Wall Street Journal 09/25/2013
Spain: Budget Woes Hit Regional Governments
BusinessWeek 07/22/2010
Euro Zone Deficit Hits Target for First Time Since 2008
New York Times 04/23/2014
Madrid to Curb Spending by Powerful Regions
Wall Street Journal 01/18/2012
Grouped Articles
Still Sputtering, Spain Turns Away From Cuts
Wall Street Journal 05/12/2013
Spain: Budget Woes Hit Regional Governments
BusinessWeek 07/22/2010
Spanish Job Market May Be Turning Around
Wall Street Journal 01/24/2014
New York Times 07/28/2011
Italy Seeks to Tackle Youth Jobless Problem
Wall Street Journal 08/22/2011
Wall Street Journal 09/28/2011
Grouped Articles
How Righteousness Killed the World Economy
New York Times 10/12/2014
New York Times 11/30/2014
New York Times 09/25/2011
Culture Built on Family Firms Tests Italy's Plan for Growth
Wall Street Journal 11/14/2011
Election Is Unlikely to Cure Spain's Pain
Wall Street Journal 11/16/2011
Spanish Vote Heralds More Austerity
Wall Street Journal 11/18/2011
Grouped Articles
Europe to Vote on Tougher Rules for Currency
New York Times 09/27/2011
German Optimism Depends On Spanish Deficits
Wall Street Journal 09/25/2013
Euro Zone Deficit Hits Target for First Time Since 2008
New York Times 04/23/2014
Economist 09/03/2011
Spain's Example Shows Limits of EU Targets
Wall Street Journal 12/09/2011
Spain's Rajoy Takes Aim at Deficit
Wall Street Journal 12/20/2011
Grouped Articles
Italy Urged to Resist a Relapse in Spending
Wall Street Journal 05/03/2013
Europe to Vote on Tougher Rules for Currency
New York Times 09/27/2011
Portugal Plans Cuts in Spending
Wall Street Journal 05/30/2013
A Warning Light to Alert the I.M.F.
New York Times 09/21/2011
The Next Global Problem: Portugal
New York Times 04/30/2010
German Optimism Depends On Spanish Deficits
Wall Street Journal 09/25/2013
Grouped Articles
Still Sputtering, Spain Turns Away From Cuts
Wall Street Journal 05/12/2013
Spain: Budget Woes Hit Regional Governments
BusinessWeek 07/22/2010
Spanish Job Market May Be Turning Around
Wall Street Journal 01/24/2014
In Europe, Even the German Powerhouse Is Losing Steam
New York Times 11/18/2011
Spain's Budget Cuts Trigger Downturn
Wall Street Journal 01/31/2012
Spain Spells Out Latest Plan to Bolster Health of Lenders
Wall Street Journal 02/03/2012
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