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[20 Oct 2008 | No Comment | ]

The rescue plan of the financial system in Spain has been discussed today on the Spanish Congress. The Spanish Prime Minister has indicated the measures that will be taked in place to control the 15% of the Spanish GDP that the Spanish government has decided to release to support the Spanish financial system. And the measures are very funny: a secondary figure on the Spanish Administration, the Secretary of State of Economy (that in Spain depends directly of the Minister of Economy Mr. Solbes, will be the person who will …

Economics in Spain »

[6 Oct 2008 | No Comment | ]

Source - Instituto Nacional Estadística, Ministerio Administraciones Públicas.
This is something I was thinking to talk about: the number of public workers or civil servants on Spain. I remember the other day reading an article of Antonio Gala on El Mundo newspaper, and also the different articles and reflections of Roberto Centeno on his blog.
It comes to happen that the civil servants of both, central and autonomic regions administration is a big number in Spain. Accordint to the figures, published by the INE (National Institute of Statistics) and the Ministry …

Economics in Spain »

[25 Sep 2008 | No Comment | ]

In Spain, when a person is always presuming of something he did not do, or he cannot achieve, is called phantom. This is always a contemptuous word; it points to a slighty trustworthy person, to whom him (or her) it is not possible to belice anything because always he (or she) will lie.
Mr. Zapatero did today an speech on the United Nations, presuming of the solidity of the financial and banking Spanish system, and also indicating that Spain aspires to overcome in per capita income France in 3 or 4 …

Economics in Spain »

[9 Sep 2008 | No Comment | ]

The declarations of Mr. Zapatero on the congress of the Socialist Party in Madrid are an indicator of what Mr. Zapatero thinks about what the situation is regarding Spanish economy. First: USA is guilty of the Spanish economic crisis. There was a very hard liberalism and a free concession of mortgages for the people, and that bring us a colapse on the Spanish financial system. Second: the situation of the economy now is due to the fact that the Aznar government has promote the speculation on the real estate and …

Economics in Spain »

[31 Aug 2008 | No Comment | ]

Retrospective…

Great combat between Mr. Solbes, “The man who whispers to the lambs” vs. “The rebel against the establishment”, Mr. Pizarro.
And now, tell me… who won the combat? Who was saying the truth?
Technorati Tags: Crisis, ZP, Zapatero, Solbes, Pizarro

Economics in Spain »

[28 Aug 2008 | No Comment | ]

During almost a year, Mr. Zapatero denied the coming economic crisis. After the elections, the only thing that concerned him. To maintaing and keep the power. The only objective of Mr. Zapatero.
This process of denying the economic crisis, the different figures of the economic activity on Spain was a political exercise of hypocrisy. To do this, to deny what was happening, Mr. Zapatero utilized a lot of resources. First, he pointed out the need of optimism, because accepting the situation will be worst for the credibility of the Spanish economy, …