¿Crisis en España?

Interesantísimo artículo de The Economist a propósito de la actual situación económica española : Crisis? what crisis? [inglés] .
Algunas perlas:

SUCCESSES in soccer and politics do not always go together. Even as euphoric Spaniards revel in their team’s Euro 2008 win on June 29th, they know that the real party, celebrating a decade of fizzy growth, is over. The Socialist prime minister, José Luis Rodríguez Zapatero, would prefer them to focus on sport, not the economy. But even though he was elected to a second term in March, his popularity is now tumbling, in line with the economy.

It does not help that the government keeps denying that it faces a crisis. The finance minister, Pedro Solbes, refuses to utter the word “crisis” at all. Mr Zapatero told the daily El País that its use was “a matter of opinion”. They are supported by Banco Santander’s president, Emilio Botín, who compares the fraught state of the economy with a child’s fever: dramatic, but short-lived. Yet crisis may be too bland a word: many economists think “recession” will soon be more appropriate. Mr Solbes admits that second-quarter growth will be below the first quarter’s paltry 0.3%. His prediction of 2008 growth is now somewhere “below” 2%. On July 2nd a defiant Mr Zapatero told parliament he did not believe recession was coming.