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Only the Old Get Ahead in Rajoy’s Spain

A Spanish flag at Plaza Colon in Madrid.
Photographer: Denis Doyle/Bloomberg

It’s not just British and German pensioners who enjoy living in Spain.

Spanish retirees saw a boost in both their incomes and their net worth between 2011 and 2014 while working-age families bore the brunt of the nation’s worst economic crisis in modern history. That’s according to a study by the Bank of Spain this week analyzing households’ finances