Kill or cure: Spain
Article Abstract:
Spain's slumping economy may cause its credit rating to be downgraded. Its problems include trade and fiscal deficits and a declining peseta. The government plans to issue a very restrictive budget, but money controls introduced by the Bank of Spain may further discourage foreign investors.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Pain to come: Spain
Article Abstract:
Spain's economic difficulties include a high unemployment rate, inflation and a peseta that had to be devalued recently by 5%, which caused a dip in Madrid's stock market. The government has launched an austere budget and expects a 1% growth in the GDP next year.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Drizzling: Spain
Article Abstract:
Spain's economy has dropped suddenly from the prosperity of 1992 when events like the Olympics and Expo '92 spurred phenomenal growth. In 1993, Spain's GDP dropped 0.2% and unemployment has risen to 7%. Spain's dependence on foreign investments may be to blame.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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