i have a friend in Spain and we discuss the new initiatives of the new government to address the issues to improve the situation in Spain
so far there is nothing being done to change the status quo
governments do this to remain in power, they dont want to rock the boat as cutting welfare/government and making business more competitive means lost votes
I really dont expect any PIG country to behave any differently, so throwing money at the problem is just welfare for the bond market and political slush funds
