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La Repubblica - Italy | Tuesday, September 26, 2006

Spain on the G8's door-step

Spain, whose economy is doing well, would like to become part of the G8 group uniting the eight richest countries in the world. The journalist Maurizio Ricci compares the evolution of the two countries and fears that Italy might be taken over by Spain. "The next step will be Spain's request to enter the G8. Zapatero [the Head of the Spanish government] speaks about it in hushed tones since the Spanish economists declared, figures in hand, that Spain is not the ninth economy in the world, but the eighth. It hasn't yet surpassed Italy, even if at its current rate of development no one would contradict Zapatero who has indicated that the gap will be filled within four years ... .To find oneself at the side of the Spanish at exclusive summits of the worlds giants would create an uncomfortable situation: it would be the confrontation of a Latin success story and an equally Latin decline, ours".

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