Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
This relation seems to be interesting as a correlation, probably signaling a general lack of planning, but I don't see why one should lead to the other.

If anything there should be a relation between the country's external debt and the energy mix. The PIIGS are PIIGS because of their state budget deficit.. and it is not the state that consumes the oil. Moreover, Spain had a budget surplus in the last years, today's deficit is simply conjectural - a the oil-dependence is not.

by tanas on Wed Apr 14th, 2010 at 01:38:23 PM EST
Welcome to ET, tanas!

Our knowledge has surpassed our wisdom. -Charu Saxena.
by metavision on Wed Apr 14th, 2010 at 02:44:15 PM EST
[ Parent ]

Display:

Top Diaries

It's "Whose Economy, Stupid?"

by Helen - Aug 3
1 comment

In which I defend Wolfgang Schäuble

by rz - Jul 15
24 comments

I'm done with the EU

by tyronen - Jul 13
228 comments

The Greece Blame Game

by Frank Schnittger - Jul 20
30 comments

The democractic insolvency

by rz - Jul 16
23 comments

Occasional Series