Sunday, May 08, 2011

The pain in Spain stays mainly with the jobless - Business Analysis & Features, Business - The Independent

The tangled web of the Spanish workplace. People seriously need to get out of the box they have built for themselves.

"But as one former Madrid businessman says: "Every time you have to ask for credit, you have to prove you're making a profit. To do that you have to cook the books. You end up paying taxes to be able to borrow money. That's crazy." For some business people threatened with becoming part of Spain's unemployed army, this may be the only alternative."

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