The pain in Spain: political, social and foreign policy implications of the European economic crisis

Charles Powell.

31/12/2012

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This paper analyses the effects of the current economic crisis on the domestic, foreign and transatlantic relations in Spain. It also focuses on the economic and political reforms undertaken in response to the crisis, its impact on the country’s foreign policy agenda and advances a series of policy recommendations to help prevent the crisis from undermining the transatlantic relationship.

The Pain in Spain: Light at the End of the Tunnel?

Charles Powell and Federico Steinberg.

12/12/2012

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Spain will undoubtedly require external financial help from its European partners, as well as more time and flexibility to achieve its fiscal targets. But it also has a number of strengths that are too often overlooked.