More good news for Spain economy, but when will wages - TopicsExpress

More good news for Spain economy, but when will wages rise? Spain’s miraculous economic turnaround in the past 12 months has largely been a result of direct government action designed to shake up the labour market. In aiding the car manufacturing industry with its scrappage scheme, the sector rebounded to become one of the country’s key economic successes. In overhauling antiquated labour laws, companies had more freedom to fire workers, cut wages and hire fresh faces – the result being an upturn in job creation and a boost for the national GDP… Read the full article on the VIVA Blog: yourviva/blog/2014/07/29/more-good-news-for-spain-economy-but-when-will-wages-rise/ #Spain #Economy #wages #RealestateinSpain #Spanishproperty #CostadelSol

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