Path to Sustainable Recovery in Spain
by Luis M. Linde
The Spanish economy is emerging from a double dip recession that was at its worst in 2012, against the background of the heightening crisis in the euro area.
Evans’s prescription: Wage hikes and small dose of inflation
By Denis MacShane
The normal duty of central bankers (especially in Europe) is to denounce inflation as the work of the devil and call for labour market flexibility as a barely disguised code for reducing wages.