These are good days to be a drug dealer in Spain. More than 3,700 tonnes of contraband is thought to have made landfall in the past year - mainly hashish from Morocco and cocaine from Colombia - before passing into the rest of Europe. The authorities managed to seize only 10%.
Now the recession has handed traffickers another advantage: a growing pool of jobless people. Spain has 20% unemployment, the highest rate in Europe. For the young it's worse: two in five cannot find work. Many are turning to one of the few industries that is truly recession-proof.
Sunday, May 2, 2010
Can UK fight off the Greek debt monster? - Times Online: