More austerity pain for Spain with fresh cuts ahead
- 12 years ago
For Mariano Rajoy, it was payback time.
He has got a banking bailout and an extra year to hit Spain's deficit reduction targets. Now its European partners want to see Madrid is making more of an effort.
But the new austerity package unveiled in parliament on Wednesday went even further than many expected. The aim is to cut the public budget by 65 billion euros by 2014.
...
http://www.euronews.net/
He has got a banking bailout and an extra year to hit Spain's deficit reduction targets. Now its European partners want to see Madrid is making more of an effort.
But the new austerity package unveiled in parliament on Wednesday went even further than many expected. The aim is to cut the public budget by 65 billion euros by 2014.
...
http://www.euronews.net/