Spain’s economy – A balancing act

via Economist

Economist – When Spain’s Socialist prime minister, José Luis Rodríguez Zapatero announced that it was time to place constitutional limits on the budget deficit and the public debt, he was chanting from the song sheet of his conservative opponent, Mariano Rajoy, leader of the People’s Party (PP). But by proposing such measures Mr Zapatero was also taking the wind out of Mr Rajoy’s sai

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