Spain. You know, the once
powerful Western European country with the failing economy? The administration
has a natural talent for making financial gaffs, and they just made a huge one
this summer.
The economy of Spain’s small businesses is heavily based on tourism, especially in the summer when tons of European, American and Mediterranean people are expected to visit the peninsular state.
The economy of Spain’s small businesses is heavily based on tourism, especially in the summer when tons of European, American and Mediterranean people are expected to visit the peninsular state.
Unfortunately, Spainish
policy makers have decided to limit visas issued this season. Small shop owners
are outraged as the beaches are less than half full. They were counting on
foreign euros, dollars, and dirhams finding their way into the Spanish system. We
spoke with furious Moroccan and American tourists who had saved up hundreds of
dollars to spend in Spain. Money that will never pump its way into the
struggling shop keeper’s pockets in the failing economy:
“It sucks!” said one
individual, who wishes to remain anonymous. Her visa was denied because she
failed to show enough liquidity in her bank account. “I’m 18 years old, my trip
to Spain is a graduation present from my parents. I am 18, it is their money
and gift I wasn’t paying.”
Not only did Spanish policy
makers drop the ball here. This upset grad’s father and mother both work, and filed
taxes for their household in 2012 for $184,000.
We tried consulting the Spanish
consul, but received no reply. Maybe their visa was denied to the US and are
looking for a job in Spain (good luck!)
Correspondent Ibrahim Abu al-Naggar reports
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