Spain economy

EghtesadOnline: Spain’s robust economic recovery hasn’t buoyed Ricardo Sainz’s half-century-old grocery store in Madrid’s working-class neighborhood of Orcasitas. Sales have fallen from roughly €25,000 a month ($27,000) before the recession began in 2008 to €10,000 today. And he expects them to keep slipping.

EghtesadOnline: Mariano Rajoy’s gravity-defying run is at risk from the strange logic of Spanish politics. The prime minister went into the 2015 election with unemployment over 20 percent after years of punishing austerity and a raft of corruption allegations hanging over him and his party. Yet Rajoy denied the accusations and somehow clung on to power.