Madrid, Madrid, Madrid… 10

Mientras el microcosmos político / periodístico prolonga indefinidamente sus soliloquios, perdido en la nube ácida de las componendas cortesanas, la prensa financiera europea anuncia bien posibles nuevas subidas de las hipotecas.

[ .. ]

“Si es necesario se subirán los tipos” [ .. ] “España hace frente a una severa corrección” Etc…

The euro yesterday rose above $1.60 for the first time since its launch almost a decade ago after France’s central bank governor warned that combating inflation could yet require higher eurozone interest rates.
“Our big problem is to ensure that inflation returns below 2 per cent next year,” Christian Noyer told French radio. “If needed, we will move interest rates.” [ .. ] Spain is facing a sharp housing market correction, while German economic growth is thought to have been surprisingly strong at the start of the year. [Financial Times, 23 abril 08, Rate rise hint sends euro to a fresh high].

Economía en este Infierno.