Jose,
The minimum tariff is simply not going to happen, period. While this is what the radicals are pushing for, the industry understands that this is impossible.
There will be a reduction of transporters in the market whereby the amount of transport on offer adjusts to meet demand. This is both labour and employer as the bulk of the people and companies affected will be small companies and owner operators.
The end result will be to force transport rates up via increased rates and reduced cash flow (30 day terms vs. 60-90 day) putting further inflationary pressure on an economy that I believe will show negative growth. Thus the economic mess will become somewhat worse.We will see by how much.
While Zapatero can not be held responsible for all these ills, it is not seriously disputable that govt. policies are not pro growth as Spain enjoyed with Aznar. As industry and investment moves east the only real light at the end of the tunnel is a revival of real estate when the financial crisis eventually sorts itself out – and who knows when this will happen.
