Word: gonzalez
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...itself into relative prosperity. As much as the quincentenary of its "encounter" with America, this country of 39 million is celebrating -- with justifiable swagger -- its breakneck pace of change since General Francisco Franco's death in 1975. Moreover, 1992 marks 10 years of stable democracy under Prime Minister Felipe Gonzalez , a pragmatic Socialist. And it coincides with Spain's integration into the European single market, a source of pride after decades of diplomatic isolation. This year's bold gamble of staging a world's fair and an Olympics will "show the world the image of a modern Spain, far from...
...State of the Nation address this spring, Gonzalez was forced to spend much of the debate defending his administration over what United Left coalition leader Julio Anguita called "the interminable rosary of scandals." Last year Gonzalez's Deputy Prime Minister resigned after allegations of influence peddling involving his brother. In January another Minister was forced out after a railroad speculation scandal. Last week Gonzalez named a new head of the Bank of Spain, following media allegations linking the incumbent to an insider-trading scheme, charges he denies. "Spain does not have a worse corruption problem than surrounding countries," the beleaguered...
...today, he says, "we've lost our confidence. The good times are over." Economic growth has slowed to 2%, and inflation remains at a stubborn 6.9%. Unemployment has swelled to 17.5%, no better than when Gonzalez took office. "There's a lot of cosmetics," says Pedro J. Ramirez, editor of the daily El Mundo. "But fundamentally we have not made a modern economy." Anyone who conducts long-distance business on Spanish telephones or is so naive as to rely on Correos, the government mail service, or so unwitting as to fly Iberia, the fickle state airline, might be tempted...
Assistant Editors: Tam Martinides Gray (Research Chief), Ariadna Victoria Rainert (Administration), Oscar Chiang, Nelida Gonzalez Cutler, Lois Gilman, Adrianne Jucius Navon...
Assistant Editors: Tam Martinides Gray (Research Chief), Ariadna Victoria Rainert (Administration), Oscar Chiang, Nelida Gonzalez Cutler, Lois Gilman, Adrianne Jucius Navon...