Oh yes. As far as I can tell, in Spain, Germany and Italy economic policy since the fall of the Soviet bloc is pretty much the same regardless of who's in charge, and social democrats are part of the neoliberal consensus. It's a running joke that Spain doesn't need a Social-Liberal party or a modern, European centre-right party, because we have the PSOE. And that's true even under Zapatero. Solbes, the current minister, was minister before 1996 and the 8 years of Rato in the middle are pretty much indistinguishable (and had Solbes as EU commissioner). Prodi isn't much "better".

"It's the statue, man, The Statue."