FT: Spain jobless to pass 30%

SpainUnemployAt what point does Europe (meaning Angela M) decide that massive unemployment in Spain is more of a threat to the European project than a bit of stimulus? Can anyone actually imagine things not blowing up on the Iberian peninsula by 2015, when Societe Generale figures that about one in three adults will be out of a job? There’s conservative economic theory, and then there’s real life and things like common sense. Enough is sometimes enough.


One response to “FT: Spain jobless to pass 30%

  1. Oh Spain! This is really bad situation. Real people are suffering and they were not responsible for this situation. Hope Euro zone comes up with some solution.

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