As much as any European election in recent memory, the political economy for the new Spanish conservative government looks extraordinarily limiting. New Prime Minister Mariano Rajoy will have – and will expect to have -no political honeymoon either domestically or in Europe.
The G20 Summit in Cannes last weekend told us a lot about the state of global economic diplomacy at the end of 2011. The sweeping French agenda for their Presidency was slimmed down not just by events, but by the hugely difficult reality of consensus building in a group as eclectic as the...
