Spanish Property Insight › Forums › Spanish Property Forums › Spanish Real Estate Chatter › Blogger calls the euro crisis and becomes an unlikely sage › Re: Re: British blogger unlikely economic sage
I’m in Switzerland today, where my highly-educated cousin hasn’t had a pay rise in 10 years. In Spain, on the other hand, salaries have risen automatically every year for the past 10 years, often above inflation. Is it any surprise, then, that Spain has become so uncompetitive compared to places like Switzerland and Germany? My Swiss cousins don’t go to Spain on holiday any more because it is so expensive. They now holiday in Switzerland (which ain’t half bad, by the way).
I lived (and worked) for 2 years in Geneva, loved it! A little village by the lake called Versoix…magic 😀 and the winters were much drier than Spain.
Read this morning that Zapatero has failed to obtain agreement with the Trade Unions re. working practices.