Page 1 of 1

Spanish Economy

PostPosted:Fri Oct 12, 2018 1:36 pm
by Sheff_Blade
It looks like the Spanish economy is not in a good place.

https://elpais.com/elpais/2018/10/12/in ... 13808.html
Spain has almost unmatched unemployment, the largest deficit in Europe, public debt of around 100% of GDP, and even higher private and external debt levels.

With Greece still on life support, and Italy's bond yields rising to eye-watering levels against the size of their public debt, the EU have far more to worry about than BREXIT.

Re: Spanish Economy

PostPosted:Fri Oct 12, 2018 5:08 pm
by TVTechnology
They should start by sacking 50% of the worthless staff in the town halls, then they can easily afford a 15%-20% pay rises.

The unemployment figures are a little skewed, courtesy of the black economy - probably half or more of those 'unemployed' are working for cash. See it everywhere.

Re: Spanish Economy

PostPosted:Mon Oct 15, 2018 8:54 pm
by Ketron
Yes-a very valid , and true point T.V. Technology ..

Re: Spanish Economy

PostPosted:Wed Nov 07, 2018 8:16 pm
by Cinuelica
Who gives you the right to denigrade Spanish policies? Don't forget you are migrants to this country. Have some respect!

Re: Spanish Economy

PostPosted:Thu Nov 08, 2018 9:48 am
by Sheff_Blade
Cinuelica wrote:
Wed Nov 07, 2018 8:16 pm
Who gives you the right to denigrade Spanish policies? Don't forget you are migrants to this country. Have some respect!
Denigrate Spanish policies? In what way? The thread was started based on an article in El Pais.

Re: Spanish Economy

PostPosted:Thu Nov 08, 2018 10:05 am
by Adey
Cinuelica wrote:
Wed Nov 07, 2018 8:16 pm
Who gives you the right to denigrade Spanish policies? Don't forget you are migrants to this country. Have some respect!
The way I see it we are neither migrants or guests, we are European citizens, as such we have the right to live, work, and criticise any country in Europe.

The PP government has propped up the economy for the last 5 years, problem is they have done it by stealing from Spain's pension pot, which they are not supposed to be allowed to touch, hence we have pensioners out demonstrating on the streets of Spain.

Re: Spanish Economy

PostPosted:Thu Nov 08, 2018 1:52 pm
by freddo
Good post and very correct

Re: Spanish Economy

PostPosted:Fri Nov 09, 2018 5:13 pm
by Burrababa
Cinuelica wrote:
Wed Nov 07, 2018 8:16 pm
Who gives you the right to denigrade Spanish policies? Don't forget you are migrants to this country. Have some respect!
:D :D :D :lol: :lol: :lol:

Apart from a misspelled word--this post does to some extent explain why people flock to the UK--you can "denigrade" our policies anytime----we will also give you a house and money while you are it :lol: :lol: