The European economic failure. A burden for the Spanish recovery.

The crisis in the Eurozone, with Greece as the main culprit, is being widely addressed in a world-wide forum.

It is the ineptitude of the Government with their inability or unwillingness to enact cost cutting measures plus the lack of over-all market confidence that I doubt there will be a quick market recovery for Spain.

In an article entitled Markets, prepared to kill while Spain fights for its future The British newspaper Financial Times continues to defend the policies carried out by Spain.

In their analysis of recent events including elections, fear of Greece and warnings to Italy, the journal recognizes the efforts of the Spanish Government and looks at the Eurozone as responsible for the rise in the risk premium of Spain and casts doubts about the future of the country.