Link to the original report from the European Comission on the Alert Mechanism Report to prevent and correct macro-economic imbalances.
Spain fails 6 of the 10 tests. Remember that the data evaluated correspond to 2010, and things have deteriorated substantially since then.
Starting January 30, 2012, I decided to put the random (economic) thoughts that I was posting on Facebook, in a blog. In this site you will be able to read all Facebook notes going back to 2008, (without my Friend’s comments, unfortunately), but we will only maintain the new thoughts. If you want to check out the old comments, they are still posted on Facebook. If you want to comment on them, you have two options (1) Become a Facebook Subscriber. Since all the posts will also appear in Facebook, you will be able to comment there. (2) Comment on Twitter, as each post will also be announced in Twitter.