People Party: One doesn’t have to go very far to see how easy it can be to ruin a recovery, Rajoy told a party conference, painting a bleak picture of the strangled economy in Greece, according to Euro News. Is that the change offered by the new far left parties in Spain The PP, which imposed unpopular spending cuts in recent years, has sought to present itself as the party safeguarding Spain economic recovery ahead of a general election due by year-end, most likely in November. Rajoy, whose centre-right People Party took a drubbing in recent local polls, pointed to Greece race to avert bankruptcy and a euro zone exit as a warning for Spain, where anti-austerity movements have gained traction. The government recently hiked growth forecasts for 2015 to 3.3 percent, making it one of the fastest growing economies in the euro zone after it exited a deep recession two years ago. The PP party has also unveiled a new logo, promised better communication and said it will involve grassroots campaigners more in its decisions. But the PP re-election strategy came under scrutiny after a battering in regional and local elections in May, when voters turned to new parties such as Podemos , a leftist party in the mould of Greece ruling Syriza, and market-friendly Ciudadanos . Stubbornly high unemployment – still the worst in Europe after Greece – and rising inequalities have left many in Spain doubting the economic turnaround, and a string of corruption scandals have also hurt the PP. Rajoy has shown few signs of altering his re-election plan, however, and has made only minor changes to his team in recent weeks.
(news.financializer.com). As
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