With the backdrop of an accelerating economic slowdown, the curtain has been raised for us to see the spectacle of two politicians paired by their ambition and weakness. They star in a play between entanglement and drama. What has little mystery is the outcome. It will end badly, even if not soon.

They both explain why Spain endures more than other countries and where its main vulnerabilities reside with the economic growth both worldwide and Spanish revised downwards. What must be done to mitigate the foreseeable crisis's effect?

La Fundación FAES viene analizando en detalle las consecuencias de la salida del Reino Unido de la Unión Europea tras el referéndum de junio de 2016. Firmadas por expertos analistas y académicos, estas publicaciones explican desde diferentes puntos de vista los efectos para ambas partes, sobre quién recae la responsabilidad última de la decisión y el proceso de desvinculación puesto en marcha.

A politician with many edges and several public faces, was the best example of what the French expect from their president. He was the last son of a great generation of politicians who quote to the rise before the smallness of their successors. A world died with him, but France must continue as a bastion of how exceptional the European model has for the world.

Spain will hold new elections after the spectacle of arrogance, demands and simulations of Pedro Sánchez, and nothing shown by the frankenstein government throws reliability on what can be expected of the PSOE. The economic slowdown will aggravate the disastrous consequences of leaving the country’s management in its hands, which needs answers to the territorial and constitutional problem and to retake the reforms.

Zapatero firmó la Declaración final de la cumbre sobre los mercados financieros en la que, pese a la desinformación y confusión vertidas por el Gobierno, se afirma que las "reformas únicamente tendrán el éxito si están firmemente fundamentadas sobre un firme compromiso con los principios del libre mercado, incluyendo el imperio de la ley, el respeto por la propiedad privada, el comercio y las inversiones libres en los mercados competitivos y se apoyan sobre unos sistemas financieros eficientes y eficazmente regulados".

Between 1996 and 2004, Spain enjoyed the longest period of prosperity in its democratic history. Five million jobs, convergence of up to 98% with regard to the average EU income per capita, low inflation, a favourite destination for foreign investment, reduction of the public debt in terms of GDP, a budget surplus and creation of a Social Security Reserve Fund, are all results of a new economic model introduced by the Partido Popular. The key aspects of this model are described in this book by Lorenzo Bernaldo de Quirós and Ricardo Martínez Rico. The foundations of this new economic model consisted of the following measures: restraints on public expenditure, reorientation of expenditure based on efficiency criteria, reductions in income tax and corporate tax rates, the elimination of certain forms of taxation, privatisation, liberalisation of the goods and services markets, promotion of competition, independent regulatory bodies, labour market reforms and more open economic links with abroad.

The Spanish economy has a strong degree of momentum in terms of economic growth (above the European average) based on the significant expansion of domestic demand. Over the year and a half in which the present government has been in power, not a single significant economic measure has been introduced, although the effects of previous reforms continue to be felt.

Jaime García-Legaz: Las necesarias reformas para continuar hacia el pleno empleo Alberto Carnero:La Europa reunificada como parte de la comunidad atlántica EspañolJavier Zarzalejos: Reforma constitucional: ¿hay alguien ahí? Miguel Ángel Cortés: La excepción cultural: antidemocrática y perjudicial para la cultura en español