Spain is experiencing a Period of intense Social Crisis

The eurozone crisis has badly affected the Spanish economy, leading to rising unemployment and large cuts in public spending. Vicente Navarro writes that the crisis has now progressed into a frontal attack against the Spanish welfare state: already the smallest (in terms of spending as a percentage of GDP) among the EU-15 countries. The underfunded and under-resourced nature of Spain’s welfare state is leading to an acute social crisis within the country, disproportionately affecting poorer citizens.

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