• It has come to our attention that some users may have been "banned" when they tried to change their passwords after the site was hacked due to a glitch in the old vBulletin software. This would have occurred around the end of February and does not apply after the site was converted to Xenforo. If you believe you were affected by this, please contact a staff member or use the Contact us link at the bottom of any forum page.

Jerez: Austerity in microcosm


Hewson

Well-known member
Joined
Apr 29, 2009
Messages
8,338
Spain is the latest country to have to face up to the consequences of years of over-spending and over-borrowing, and this glimpse into life in one of Spain's most ancient and illustrious cities, Jerez, is a marker for where other cities there may be heading. Jerez, with a population of 212,000 people is in debt to the tune of one billion Euro. Public service employees are owed months of back pay, strikes are ongoing and the unemployment rate in the city is 34%.

We're doing well here by comparison.

If you want to see where Spain is headed, take a long look at Jerez | In English | EL PAÍS
 
Top