...Gayle Allard, a professor of managerial economics from Spain's IE Business School, has this analogy.
"You have the Greek model, or the Irish model," she said. "You can either go kicking or screaming, or you can bite the bullet, like people have done in Ireland."...
...
Some countries, like the UK can decide whether they do tough austerity or not. But Spain doesn't have that choice," she said.
Comments