Posts Tagged ‘Spain’


Tens of thousands of Spaniards joined together in Madrid to protest against the continued imposition of austerity measures.

Demonstrators were protesting over issues including unemployment, poverty and official corruption.

They want the government not to pay its international debts and do more to improve health and education.

The BBC’s Guy Hedgecoe in Madrid says protesters travelled from all corners of Spain, many of them making the journey on foot, in order to voice their anger.

They called their protest the march of dignity, our correspondent says, because they say that the government of Mariano Rajoy is stripping Spaniards of just that.

For many of them, the cutbacks that Mr Rajoy has implemented, in particular to health and education, are causing Spain irreparable damage.

Chart of the day

Posted: 8 January 2014 in Uncategorized
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According to Eurostat [pdf], the euro area unemployment rate was a stubbornly high 12.1 percent in November 2013, unchanged since April. What this means is that 19.24 million workers in the euro area were without jobs, an increase of almost half a million since November 2012.

The countries with the highest unemployment rates were Greece (27.4 percent) and Spain (26.7 percent). Those countries also had the highest youth unemployment: an astounding 54.8 percent in Greece (September) and 57.7 percent in Spain (November).




Señor X, “Sweet Home

According to two recent studies, Spain is now the most unequal country in Europe.

report by the Catholic charity Caritas says more than 6% of Spain’s population of 47 million lived on €307 a month or less in 2012, double the proportion in 2008 before Spain was hit by the recession, which has left 26% of its workforce unemployed.

A separate study by Credit Suisse finds that the number of millionaires in Spain rose to 402,000 last year, an increase of 13% on 2011, emphasising the ever-widening gap between rich and poor.

Protest of the day

Posted: 16 September 2013 in Uncategorized
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Sister Teresa Forcades [ht: sm], a Spanish nun,

has become one of Europe’s most influential left-wing public intellectuals. This year, thousands have joined her anti-capitalist movement, which campaigns for Catalan independence, the reversal of public spending cuts and nationalisation of banks and energy companies.

And the 10-point program of Proces Constituent, the movement Forcades founded?

• A government takeover of all banks and measures to curb financial speculation

• An end to job cuts, fairer wages and pensions, shorter working hours and payments to parents who stay at home

• Genuine “participatory democracy” and steps to curb political corruption

• Decent housing for all, and an end to all foreclosures

• A reversal of public spending cuts, and renationalisation of all public services

• An individual’s right to control their own body, including a woman’s right to decide over abortion• “Green” economic policies and the nationalisation of energy companies

• An end to xenophobia and repeal of immigration laws

• Placing public media under democratic control, including the internet

• International “solidarity”, leaving Nato, and the abolition of armed forces in a future free Catalonia

Chart of the day

Posted: 21 May 2013 in Uncategorized
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Société Générale expects the unemployment rate in Spain, which currently stands at a record-breaking 27.2 percent, to reach 30 per cent in 2015.





Workers protest on May Day 2013, from Bangladesh and Indonesia to Spain and Greece. . .


Special mention

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Flamenco flash mobs—seemingly spontaneous dance and song performances—have been taking place in banks not just in Seville, but all over Andalusia. They are being staged by Flo6x8 to express anger and frustration at the economic crisis.

“At first there is surprise,” says Pepe El Moody’s (a pseudonym), one of the organisers, describing how people in the banks tend to react to these events. “Older people stand terrified in a corner, and mostly the bank employees are sympathetic, because they are suffering in this [economic] situation.”

Interestingly, the flash mobs are reconnecting flamenco with its origins as an art form of protest and social awareness.


According to Eurostat, the statistical office of the European Union,

The euro area (EA17) seasonally-adjusted unemployment rate was 12.0% in February 2013, stable compared with January. The EU271 unemployment rate was 10.9%, up from 10.8% in the previous month. In both zones, rates have risen markedly compared with February 2012, when they were 10.9% and 10.2% respectively.

In February 2013, 5.694 million young persons (under 25) were unemployed in the EU27, of whom 3.581 million were in the euro area. Compared with February 2012, youth unemployment rose by 196 000 in the EU27 and by 188 000 in the euro area. In February 2013, the youth unemployment rate was 23.5% in the EU27 and 23.9% in the euro area, compared with 22.5% and 22.3% respectively in February 2012. In February 2013, the lowest rates were observed in Germany (7.7%), Austria (8.9%) and the Netherlands (10.4%), and the highest in Greece (58.4% in December 2012), Spain (55.7%), Portugal (38.2%) and Italy (37.8%).