In Spain, we are suffering the consequences of a huge housing bubble, the biggest in Europe yet. The worst is, all growth has relied upon this bubble for the past decade.
We are suffering the consequences of years of policies to promote irresponsibly the construction sector, which offered quick money in abundance to a few speculators.
In Spain, more houses were being built than all of France, Germany and the United Kingdom combined, more than half of all of Europe’s constructions.
For example, the savings bank CAM was the main real estate developer of Alacant’s demarcation. It is us, the citizens, who are paying for the bail-out of all these ruinous investments.
Speculators got drunk on bricks and now the number uninhabited houses has sky rocketed, the very same banks that were bailed out with our money evicted thousands of families form their houses.
This is why a change of model is necessary. The housing bubble, a model of corruption and destruction of our territory, cannot come back. But even if it did, it has already been squeezed to death, no matter further support from the conservatives and the socialists to reactive the construction sector. We can’t repeat mistakes form the past.
The International Labour Organization released a report that estimated that supporting a Green Economy, we could create:
In Spain, we are living under an Oligopoly and an energetic fraud scheme. We pay for the most expensive electricity in Europe.
This is the result of "revolving doors" among politicians who favour determined big companies with legislation in their interests to later end up as members of the board of directors with juicy wages. We must end this perverse and corrupt model.
Some examples of politicians who have ended up in the Board of Directors of big companies who they had previously favoured.
|Ángel Acebes (PP)||Iberdrola|
|Felipe González (PSOE)||Gas Natural|
|José María Aznar (PP)||Endesa|
|Josep Borrell (PSOE)||Abengoa|
|Rodrigo Rato (PP)||Telefonica|
|Eduardo Zaplana (PP)||Telefonica|
|Narcís Serra (PSOE)||Gas Natural|
|Pedro Solbes (PSOE)||Enel/Endesa|
|Cristina Garmendia (PSOE)||YSIOS|
|Elena Salgado (PSOE)||Endesa|
|Javier Solana (PSOE)||Acciona|
And the list goes on...
This is why, Compromís-Primavera Europea wants to return democracy to the energy sector and put an end to this corrupt system. We want a Green New Deal to create quality employment.