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Showing posts with label Spain. Show all posts
Showing posts with label Spain. Show all posts

6 reasons Spain could be Europe's next debt-crisis victim

After a weeks-long lull, the European debt crisis is once again rearing its ugly head. This time, Spain is in trouble, and if you thought Greece was bad, you might want to avert your eyes for this one. Spain's economy is the fourth-largest in Europe, and it's twice as large as Greece, Ireland, and Portugal — all previous bailout recipients — combined. Spain's failure would likely spell the end of the eurozone, the 17 countries that use the euro currency, and would send shock waves through the global financial system. Here, six reasons Spain's economy is in trouble:

1. Rising debt...

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PODCAST: Spain Votes Out Big Government

Be sure to listen to a special Heritage Libertad podcast on the recent Spanish elections. Click here to listen.

With 23 percent unemployment overall, and 46 percent unemployment among its youth, how does the new government in Spain increase employment going forward? Furthermore, what effect will this election have on U.S.-Spain relations? Do we have a role to play in their recovery?

Click the above link to hear answers to these questions and more!

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