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Why did King Juan Carlos abdicate?

Several things have happened in recent weeks that could explain the surprising step taken by King Juan Carlos of Spain on Monday to appear before the television cameras to announce his abdication as King of Spain. I say surprising, because

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Posted in Politics

Spain: Builders, bankers and politicians: best friends always

News have come out today that the ruling Popular Party or PP in Spain had, at least during 18 years, a double accountancy system, to remunerate its leaders with some extra cash for their good job. This was done with

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Posted in Banks, Politics

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