I live in Spain and I can comment. I haven’t got an economic background so, regarding macroeconomic considerations, my word could not be good enough.

However, in a daily basis, salaries are low and expenses are going higher and higher. Taxes are high in comparison with income, no matter what political parties say. I have lived in other countries and the tax pressure is higher in Spain.

Education needs fixing. Health needs fixing. Pensions need fixing. Meanwhile politicians are just worried about the next election and propaganda. On top of this, government is supported by forces that are seeking to become independent from Spain, so you can imagine what they are trying to get from the government.

Also, youth people are leaving the country seeking opportunities elsewhere.

In conclusion, beware of this nice picture.