Spain Can Still Rise
Taking inspiration from their national team’s victory at Euro 2012, Spaniards must rediscover what it takes to succeed. Dealt a difficult hand, Spain can overcome its critical situation only through hard work, responsibility, respect, and loyalty, thereby ensuring its standing in Europe and beyond.
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MADRID – July will enter Spanish history as having started on a tremendous high, spurred by Spain’s recent triumph in the 2012 Euro Soccer Championship. But all signs indicate that the month will end in doubt and pessimism. The image of joyful crowds and Spanish flags draped from cars and windows has given way to that of throngs of demonstrators holding banners protesting the government’s latest austerity measures. With one in four Spaniards unemployed and Spain’s sovereign bonds rated just above junk status, Spain seems to be on the edge of falling into the abyss.