As Spain Goes, So Goes Europe?

If the conservatives win, they may tame the welfare state

Santiago Sebastian de Erice is lucky: The recent Madrid college graduate has a job. Yet the 24-year-old junior manager for retailer Cortefiel still leads a precarious existence. Like many other Spaniards he is a temp, working under a six-month renewable contract that could be canceled with little warning. And with unemployment at a shocking 22%, a layoff is a scary prospect.

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