"Europe demands that Spain accelerates reform,” headlines La Vanguardia at the end of a turbulent week which saw markets pile pressure on the Spanish economy. In an interview with the Catalan daily, Spain’s minister of the economy Elena Salgado stated that “new adjustment measures will make growth difficult.” But the European Commissioner for growth, Joaquín Almunia, is adamant on retirement reform in order to “dissipate doubts.” Spain, La Vanguardia notes, “remains the focus of attention with all waiting for it to act as the pressure increases."
Was this article useful? If so we are delighted!
It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.
Discover our subscription offers and their exclusive benefits and become a member of our community now!