The most notable export that Spain has made over the past year has been the ‘philosophy’ of the Indignado Movement. This has spread like wildfire to many parts of the world including the US (Occupy Wall Street) and the UK (Occupy London Stock Exchange). Indignado translates as ‘outrage’ and is an apposite name, given the fury of the Indignados at [...]
Spanish Indignado movement goes global, safe to buy property in Spain? Spanish bank downgrades…
The news in Spain over the past week has seen the Spanish Indignado movement effectively go global, the Spanish secretary of State for housing claim that it has always been safe to buy Spanish property(!), the downgrading of the Spanish banks and the credit rating of Spain itself. The Spanish government has stated that it has a 4 billion Euro [...]
The Pope’s visit to Spain, a success?
So, what are we to make of the Pope’s visit to Spain last week? I am really not sure particularly having read today that the visit earned Madrid some 160 million Euros (or, to be more precise, 52.8 million Euros after costs) – which seems an odd way to justify the Pope’s appearance in Spain by the authorities. It also [...]
The Spanish economy 2011, Spanish regional debt and the Spanish housing market
Well, the bad news seems to keep coming for the Spanish economy in 2011 with confirmation of what I have been writing about over the past few months. Firstly, Spanish regional debt appears to be as dangerously out of control as national Spanish finances were before the Spanish national government of Zapatero imposed austerity measures. Indeed, a recent article in [...]
Politics in Spain, General election called for November 20th 2011
So, after months of speculation, Prime Minister Zapatero has announced that he will call a General Election for Spain for the 20th November 2011. Of course, this will come as little surprise to many people as Zapatero has been under increasing pressure, from all quarters, to call a General Election in Spain since his decision earlier this year to stand [...]








