Suddenly, Spanish industrial recovery looks better than the Italian one: how can a country with such a high rate of unemployment achieve such a result ?
It’s all a matter of deficit. While Italy is desperately trying to respect Maastricht rules, Spain is not really caring.
And here are the results:
Look closer, Spain overcame Italy, and yet Spain has a huge unemployment rate.
That’s another fascinating evidence of the fact that Brussels’s way is not “the” right way.