La Marea.- The balance of the management of the crisis is well known. The Popular Party government dodged a full intervention of the country, the same as Greece or Portugal, although requested a rescue for banks; the risk premium has dropped to minimum, and the economy grows at a moderate pace. By the way, the crisis has left us with 5.6 million unemployed, a tax increase -especially the indirect ones like IVA- strangling a broad strata of society, and a multimillion-dollar injection of public money to clean up the financial sector. This bailout has helped bring Spain's public debt to 100% of GDP, that is to say, all the wealth produced in the country in a year.
Alejandro Inurrieta. Professor and Director of the School of Finance Madrid
The privatisation of public services is a phenomenon that is Europe-wide after decades of monopoly in the major socio-sanitary supply areas, and also in transport and culture. Neoclassical British influence in university teaching and the excuse of public deficit are facilitating the transfer of public monopolies to new private monopolies, with succulent business for these companies.
Carmen.P.Flores
When we chose the theme of Privatisation for TEJ, we were sure that it would go a long way, so much so that we had to make two parts of it, and I am sure that it could even make for a few more editions. But for now, we leave it the way it is, and time will tell.
Carmen.P.Flores
When we chose the theme of Privatisation for TEJ, we were sure that it would go a long way, so much so that we had to make two parts of it, and I am sure that it could even make for a few more editions. But for now, we leave it the way it is, and time will tell.
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