Spain’s uneasy crown

June 19, 2014

So much for pomp and circumstance. Spain’s new king, Felipe VI, inherited a bunch of challenges along with his crown when he was crowned as his country’s new monarch at a stripped-down ceremony today. The king took over from his father, Juan Carlos, who abdicated earlier this month in favor of his 46-year-old son. Now the new ruler has to deal with problems that include the growing Catalonia separatist movement, lingering anger over his father’s departure on a secret elephant-hunting trip at the height of the nation’s 2012 financial crisis and embezzling charges against his brother-in-law.

Probably the biggest challenge: unemployment. While the numbers show that GDP is rising, so is unemployment — particularly among younger Spaniards. On the brighter side: at least the passions stirred by today’s ceremony diverted attention from Spain’s shocking World Cup loss to Chile in Brazil this week.


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Pretty sure that should be GDP in trillions, not billions, or Spain is in a shitload of trouble.

Posted by EndlessIke | Report as abusive