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xchrom

(108,903 posts)
12. Start-Ups Fill Void Left by Spain’s 26% Unemployment Rate
Tue Aug 27, 2013, 06:00 AM
Aug 2013
http://www.bloomberg.com/news/2013-08-26/start-ups-fill-void-left-by-spain-s-26-unemployment-rate.html

The rush starts at about 8 p.m. at La Infinito. That’s when Antonio Rojas Fernandez and Paloma Perez Rodriguez’s Madrid cafe usually fills up, typically keeping them busy until midnight.

While they have two part-timers to help prepare food and bus the dozen tables a few times a week, the couple hasn’t taken more than a day off each since opening in May 2012, five months after they lost their jobs. She was a teacher, while he installed television antennas.

“It’s not easy, but it’s working,” said Perez, 36, popping her head through a beaded curtain from the kitchen as the fruit blender’s whir covers the music. “I tell people it’s true I still have problems,” said Rojas, who is a year older. “The difference is that now they’re the ones I’ve chosen.”
As Spaniards endure the worst economic crisis and deepest austerity measures in their country’s democratic history, start-up companies are proliferating.

Over the first seven months of the year, registrations of self-employed people increased by 21,992 while they fell by 6,826 over the same period a year earlier. The number of companies created increased by 8.2 percent in the first half as a 26 percent unemployment rate spurs entrepreneurship in a country where the government still accounts for one in six jobs.
That's chicken feed. Fuddnik Aug 2013 #1
Don't look now, but gold broke 1400 Demeter Aug 2013 #2
Get your computer fixed? Fuddnik Aug 2013 #3
No, this is my new-to-me laptop Demeter Aug 2013 #5
At least with refurbished, you can avoid Win 8 Warpy Aug 2013 #7
I know--some consumer culture, this is Demeter Aug 2013 #30
Yeah. Ghost Dog Aug 2013 #20
Gold has been kept artifically low for too long.... AnneD Aug 2013 #41
And it's Limbo Time in the Stock markets Demeter Aug 2013 #42
Outlook for 3rd quarter darkens as durable goods orders tumble Fuddnik Aug 2013 #4
I hear there will be big orders for drones and bombs and mercenaries within weeks. Demeter Aug 2013 #6
I know if I weren't a capitalist parasite these days Warpy Aug 2013 #9
Just happened to run across this..... Hotler Aug 2013 #8
Are the Chinese CRAZY?!! Demeter Aug 2013 #32
Europe’s Single Bank Rule Book Falls Apart as North Races Ahead xchrom Aug 2013 #10
Stocks Fall as Yen, Bonds Rise on Syria; Oil, Gold Gain xchrom Aug 2013 #11
Start-Ups Fill Void Left by Spain’s 26% Unemployment Rate xchrom Aug 2013 #12
It's an interesting phenomenon. There is much creativity in Spain. Ghost Dog Aug 2013 #21
thanks. very cool stuff. nt xchrom Aug 2013 #22
Live long and prosper! Demeter Aug 2013 #33
(Sorry, WiFi breaking up). Ghost Dog Aug 2013 #24
German Business Confidence Rises to Highest in 16 Months xchrom Aug 2013 #13
Hedge Fund 75-Cent Aussie Call Draws Investors: Australia Credit xchrom Aug 2013 #14
CNBC: Larry Summers Is Likely To Be Named Chairman Of The Fed In A Few Weeks xchrom Aug 2013 #15
Larry Summers? Why NOT Bernie Madoff or Greenspan? fasttense Aug 2013 #28
NO!NO!NO! Demeter Aug 2013 #34
And the blood letting continues.... AnneD Aug 2013 #40
EMageddon Continues: India And Indonesia Tank Again, Markets Lower Around The World xchrom Aug 2013 #16
COLIN POWELL: Syria Is An 'Internal Struggle' That Is Beyond US Capabilities xchrom Aug 2013 #17
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Gen Wesley Clark being interviewed on DemocracyNow on March 2, 2007 DemReadingDU Aug 2013 #39
We May Be In The Early Stages Of The Next Global Economic Crisis xchrom Aug 2013 #18
He doesn't know the cause of the hike in "10 year Treasuries' rates" Kolesar Aug 2013 #45
Why It Still Feels Like Recession To 95% Of America xchrom Aug 2013 #19
Because it IS! Demeter Aug 2013 #43
Workers Of America Are Getting Screwed xchrom Aug 2013 #23
India infrastructure projects set to boost economy xchrom Aug 2013 #25
JP Morgan told to pay Blavatnik $50m in damages xchrom Aug 2013 #26
Another loss Demeter Aug 2013 #36
Greece 'may renegotiate rescue loans' xchrom Aug 2013 #27
We've Entered the Age of the 'Anti-Mall' xchrom Aug 2013 #29
That's only in locations that don't get snow, mind you! Demeter Aug 2013 #37
We've got a huge one here that gets added onto every month Warpy Aug 2013 #46
Capital Flight: Currencies Plunge Rapidly in Asian Economies xchrom Aug 2013 #31
India's central bank should go with the flow Demeter Aug 2013 #38
NAUSEA ALERT:The Lucky Break That Could Land Larry Summers at the Fed Demeter Aug 2013 #44
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