Markets poised to punish Spain

Commentary article. Author says Spain urgently needs to curb public spending and liberalise a labour market that has left more than 4m people unemployed. Reforms are needed to make the economy more competitive and give the Socialist government’s austerity plan at least a chance of success.

ESO: Background Information: Spain battles to shore up plan's credibility http://www.europeansources.info/record/spain-battles-to-shore-up-plans-credibility/

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