Global Insight: Spain’s economic skies grow darker

Everyone knows that Spain, like other European governments, urgently need to cut spending and raise taxes, but for both political and economic reasons the necessary medicine will be brutally hard to administer, especially if interest rates start to rise.

ESO: Background information: Double-edged crisis is starting to hit Spain http://www.europeansources.info/record/double-edged-crisis-is-starting-to-hit-spain/

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