Category: Spain
-
Beware imposed referendums
Beware politicians who inflict referendums on voters Elected politicians across the world have invented two devices to avoid taking their own decision: they send any controversial subject off to outside consultants, Deloitte, PricewaterhouseCoopers…
-
Nervous days in the Euro zone
Europe waits nervously for the latest deadline in the Greek crisis. The coalition government of Prime Minister Antonis Samaras has only days to meet the EU Troika’s draconian $13.5 billion package of cuts, after three months of talks have failed to bring agreement. The stumbling block within the coalition appears to be a newly-imposed demand…
-
From Europe to Asia
If confirmation were needed that this is the Asian century, a flight from crisis-ridden Athens to dynamic Bangkok would surely provide it. Thailand undoubtedly has its problems, with political conflict and natural disasters following in quick succession in recent years. But in the 20 years since I was here last it has boomed, with a…
-
Casino capitalism comes to Spain
As Greeks tense for the outcome of the Troika’s review later this month, spare a thought for Spain. Madrid and Barcelona are awaiting a decision on which one of them will get the development known as EuroVegas. Local governments in both cities are touting the plan as a way to alleviate both the financial crisis…