España ante la crisis

Abstract

This article makes a review of causes and effects of the present world crisis in Spain pointing out the struggle between the socialist government and the conservative opposition who focuses its strategy on a change of government. It adds uncertainty and lack of confidence to investors in the European volatile markets as well as in the fellow citizens already affected by unemployment, mainly young people. Worker’s Unions traditional ally of PSOE announces a general strike against the governmental measures affecting social benefits. Structural weakness as development economic model and educational system, is balanced by a banking clean system, world established engineering enterprises, technological advanced green energy industry and profitable multinationals in permanent expansion. Reduction of public deficit, continued austerity programs, more and better European institutions, broader internationalization, less political radicalism and a new economic model based in science, technology and innovation seem to be the way to be followed.