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Inside this issue
• The government must balance austerity against economic growth
• It could take years to absorb surplus property stock
• Asturias has steadily reduced dependence on heavy industry - -
Content
The toughest of management jobs
Victor Mallet says the country requires structural reform if there is to be any hope of growth
Savings banks: Shrunken cajas are chastened by crisis
Weaker institutions are seeking partners to avoid the axe, says Victor Mallet
Property crisis: Banks become country’s biggest landlords
It could take five or six years to absorb surplus stock, finds Mark Mulligan
Renewable energy: Eco stripes have not come cheap
Mark Mulligan considers a complex web of subsidies and tariffs
Economy: Strong fiscal medicine will either cure or kill
The government must balance austerity against the need for economic growth, reports Victor Mallet
Guest column: Foreign policy needs a rethink above and beyond Europe
Spain has grown up, but it has not found a coherent foreign policy language, writes José-Ignacio Torreblanca
Profile: Difficult tasks for awkward double act
Victor Mallet on the finance minister and her deputy
The Balearics: ‘The trick is to develop brand rather than land’
Mark Mulligan says the worst excesses of overdevelopment have been avoided
Asturias: Chimneys and farms give way to IT
The region has steadily reduced dependence on heavy industry and primary agriculture, writes Victor Mallet
Guest column: An economy built on sand must be rebuilt on education
The country needs an economy based much more on exports and direct investment abroad, writes William Chislett
