Re: Re: Investor confidence in Spain improves says WSJ

#103675
Anonymous
Participant

” Doing so would harm Spains financial system, says Elena Salgado, Minister of Finance. She didnt rule out a change in future “.

None of the system Legal, financial, political is held in any esteem. This inequatable system has been a drag on Spain & will remain a drag. This is a golden opportunity for Spain to get their act together & blame the crises without losing political face. ( They had already lost out on the opprtunity to restructure during the construction boom )

However as they do not feel that they are behind the curve in relation to other advance economies so I do not expect any changes. One has to see once’s shortcoming to take any action.