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The Spanish manufacturing PMI hit 50.8, jumping from November’s 48.6 — over the 50-point mark that indicates whether the sector grew or shrank.
The employment index is also up to 48.8 from 45.1.
These are positive signs the country is slowly returning to growth. It does not however necessarily mean there will soon be any uptick in the housing market. Other markets will respond first as growth materialises. The housing sector is so badly weakened is unlikely until the country is solidly stabilised.
There is however grim news for France.
http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2014/1/2/1388654292669/4be231e4-e056-4769-acdb-ac850b922506-460×246.png -
No one wants to work in France. The little work they do, they want a lot of money for it as they are French & you are making them work, appointments are not kept, anything that can be done in a simple manner is made complicated and in turn does not happen. Central or local Government gets involved in everything to extract money, When their incompetence is pointed out the excuse is normally shrugged off or. I/he/she forgot to do what they were employed for, people have no desire to improve themselves with their knowledge or financially.
To get a taste just have to check the French section of ” lay my Hat” . If the forum users think Spain is bad they should try France. For me the difference is that the Spanish are far more friendly,welcoming, humble, modest & they have no issues about the Spanish language.
The French I find are lazy, somebody else has to do the job for them, arrogant,rude suffer from superiority complex, racist on your face.
I have travelled all over & have friends in most countries and from all walks of life. The French are on another planet. London is full of them. The French schools in London cant cope with the demand and have made planning application to increase the out buildings etc to make room for additional pupils whose parents are waiting to find a school place for their kids so that they leave France..
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Shakeel.
Unfortunately I have to agree with the majority of your views on the French attitudes. The country is unfathomable. I have been saying for thirty years ‘things cannot go on like this much longer.’ Yet they do and France is still a great country to live in, be ill in and spend a holiday.I do think finally the chickens are coming home to roost and the consequent decades of massive state control and socialism at every political and social level are crumbling the fabric of the nation. It’s lack of clear incentives which makes a lazy work force. The French are not naturally lazy but life is so systematic people shrug and say what’s the point.
The recent approval in the courts of a supertax where income over a certain level is taxed at 75% will send most wealthy entrepreneurs heading for the exits. Britain is not the main country of choice for rich French, Switzerland is.
French migrants choose the UK because there are better opportunities. In France it’s who your parents were and what university you attended that’s a ticket to the top, especially in the civil service which is just about everything.
Hollande is a total disaster for France and the country now has to suffer four more years of neo communism. 😈
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@ Logan: The unfortunate are the young French and yes they go to Switzerland and one has even gone to Russia.
I am glad that you agreed with me as I was waiting to be blasted by the forum users for generalising and being anti French.
I find generalising a starting point by not the final. e.g if I visit a Japanese house I will take my shoes off, if I am visiting an Indian house I expect to be served with a curry, I expect the English to be reserved an Italian to be gregarious & an American to be over the top telling their life stories even though I have just met them five minutes ego. Yes this generalising but the positive of it. .
The opposite of this is that I do not expect that every Spanish man is a bull fighter, every Romanian to be a gypsy. all Austrians to waltzing all the time or all Germans to working hard & drinking beer at the beer festivel.
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” Hollande is a total disaster for France and the country now has to suffer four more years of neo communism”
Who voted for him i.e. the French people. France manage to drag the socialist position due to the fat and the
exploitation of its colonies.I have an Algerian friend married to a French girl they have three children all have masters in IT. Because of their surname they could not a job in many cases were not even invited for interviews (during Szorksy days) Two working in Canada & one in Eireland.
There education was paid by the French system & other countries are benefiting from it !!!!!!!
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Yes, young ambitious and qualified north African migrants in France have to change not only their name but where they live. Employers have the Barrios on computer file. Once they get to interview of course they are stuffed unless white French people don’t want the job.
Most French over the age of thirty are all closet racists but they would never confess it. I often wonder who they can be racist and left wing socialists at the same time. Don’t misunderstand me I like French people as a general rule but I can feel that way despite their shortcomings. You have to look beyond that.
I expect La Penina to win many seats in the coming election along with Farage and the loony UKIP brigade. 🙁
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I don’t really want to get into the pros and cons of UKIP. They are a faction of the Conservative party who supported Thatcher and their views belong to that epoch. U-Kippers cannot quite accept life has moved on, bless ’em all. They are a bunch of ‘Dad’s Army’ politicians, well meaning but hopeless.
I think the point I was making is that when rich countries such as France experience extreme difficulties, extremist parties are seen as their salvation by the middle class desperate to hold on to what they have. In reality the FN in France are a bunch of neo fascist racists. Thirties Germany come to mind.
The FN are committed to pulling France out of the EU, banishing all immigrants to their origins and abolishing gay marriage. To name three of their more moderate policies. 👿
It’s not a joke, it’s of real concern to they who love the country.
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” banishing all immigrants to their origins “
Interesting as they are ones I see doing any work with less attitude. They could be from North Africa, Pacific or the
Caribbean.Recently one of the CEO of an American tyre company commented on French working practises & attitudes.
Hollande took it as a personal insult. A similar Spat with Mittel & the unions.While the capitalist of this world are too powerful and calls all the short. Clipping their wings is not a bad idea. A
balance is required as we need one another in a open & balanced economy. -
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I agree Katy. The way forward is to reform the European commission not leave it. Cameron and Merkle both agree on that cause. Socialists such as Hollande and Barrosa do not.
Spain’s unemployment figures dropped 2.24% in December. More positive news and signs the nation is beginning the recover process at last. France is now the sick man of Europe. I recall someone posting that prediction on here some time ago.
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Yes the employment figures appeared good but according to spanish forums they are sceptical. They point out that when someones paro finishes they are taken out of the unemployed figures. Unemployment benefit only lasts 2 years and the Unions say that 300,000 have left the social security system this year. Many are short term contracts, some as short as 2 to 4 weeks. Time will tell. Tourism has improved too and should do this year. There aren’t many safe places left to go that cater for the working classes with cheap booze etc.
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Labour market showing signs of strength (at long last, long may it continue)
http://elpais.com/elpais/2014/01/03/inenglish/1388758063_752593.html
“December was a month of renewed vigor in terms of affiliation,” the secretary of state for Social Security, Tomás Burgos said. “Not only is it the first December of the recovery, but also points to notable strength.”
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Stock of unsold new properties went down by 6.9% during 2013.
http://economia.elpais.com/economia/2014/01/03/vivienda/1388754958_716014.html
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@DBMarcos99 wrote:
Labour market showing signs of strength (at long last, long may it continue)
http://elpais.com/elpais/2014/01/03/inenglish/1388758063_752593.html
“December was a month of renewed vigor in terms of affiliation,” the secretary of state for Social Security, Tomás Burgos said. “Not only is it the first December of the recovery, but also points to notable strength.”
Are you joking?
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@DBMarcos99 wrote:
Stock of unsold new properties went down by 6.9% during 2013.
http://economia.elpais.com/economia/2014/01/03/vivienda/1388754958_716014.html
Number of houses sold in November is the second lowest since the crisis began.
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