Spain Business Forecast Report Q4 2012 - New Market Research Report
Core Views Spain's domestic economy continues to be crippled by the government's fiscal austerity drive, with unemployment continuing to head higher, and house prices still tumbling. At the same time, Spain's ability to export its way out of recession has disappeared given that the rest of the eurozone is caught up in a pronounced slowdown. It is becoming increasingly clear that fiscal austerity is not working for Spain, and in order to escape the debt-deflationary trap, the country is in...
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