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| Spanish Strategy of Economic Policy |
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Spanish Strategy of Economic Policy - Balance and Structural Reforms Next Semester
27th September 2012
I. THE STARTING POINT
• The entry into the euro, with the prospects of a stable currency and financial conditions more favorable to investment, produced an unprecedented improvement in the living standards and employment of Spaniards.
• Nevertheless, high indebtedness and competitiveness loss accumulated over the last years have caused the current recessionary cycle that has been prolonged and aggravated firstly by the financial crisis and, secondly, by the doubts on the viability of the Euro.
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See link below |
| Spanish Strategy Economic Policy 27.09.12 |
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See also |
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