Foreign analysts and investors have had our country in their sights for quite some months now—so many that it is almost unnecessary to mention it. For nothing good, as evidenced by the sharp rise in the Spanish debt spread, from 75 to over 200 basis points, starting in May of last year. However, not all the arguments put forward have the same consistency. Those based on a possible contagion effect from problems suffered by other peripheral countries in the euro area appear very weak, as authoritative voices from various fields have pointed out.
