On May 2012 in the Institute of Latin America of RAC was held a «round table» on the topic «The Iberian countries at the start of the XXI century: experience and lessons». Scientific staff of the ILA of RAC, the specialists from the Institute of Europe and the Institute of World Economy and International Relations of RAC, Financial University under the government of the Russian Federation, post-graduate students participated in the work of the round table. Were received 14 reports, which allowed drawing up a comprehensive picture of the current state of Affairs in the Iberian countries - Spain and Portugal. It was about a change of government and new political cycles, a complex processes in financial and economic sphere, the social consequences of the crisis and foreign policy.