What Can Spain Do?
The most recent prognosis on the Spanish economy is that the unemployment will rise to 28,9% in 2013 and will stay at 28,8% in 2014. The government will not be able to reduce the national debt.
This is happening after 1,5 years of austerity measures. As of now, nobody has been able to identify any kind of a positive effect for Spain from the austerity measures.
Now, my question is: what do you think could be done to improve Spain’s situation? I’m sure there were similar economic crises in other countries in other times. How were they solved?
I specialize in the literature and culture of contemporary Spain, and I kind of need for the country to keep existing.