|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 beeDisplay all