Monday May 28, 2012

Spain vows cuts, higher taxes to fix deficit blowout

World ( 3 )

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Ministers give a press conference after the weekly cabinet meeting in Madrid on Friday AFP

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Ministers give a press conference after the weekly cabinet meeting in Madrid on Friday Spain's Prime Minister Mariano Rajoy is holding talks with his ministers to pare back government costs A firefighter protests against government austerity cuts in Barcelona on December 29 Spain's Prime Minister Mariano Rajoy is holding talks with his ministers to pare back government costs A firefighter protests against government austerity cuts in Barcelona on December 29 Spain's Prime Minister Mariano Rajoy is holding talks with his ministers to pare back government costs A firefighter protests against government austerity cuts in Barcelona on December 29 Spain's Prime Minister Mariano Rajoy is holding talks with his ministers to pare back government costs A firefighter protests against government austerity cuts in Barcelona on December 29 Spain's Prime Minister Mariano Rajoy is holding talks with his ministers to pare back government costs A firefighter protests against government austerity cuts in Barcelona on December 29 Ministers give a press conference after the weekly cabinet meeting in Madrid on Friday Spain's Prime Minister Mariano Rajoy is holding talks with his ministers to pare back government costs A firefighter protests against government austerity cuts in Barcelona on December 29 Ministers give a press conference after the weekly cabinet meeting in Madrid on Friday Spain: key economic data A firefighter protests against government austerity cuts in Barcelona on December 29

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3 Comments

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  • 0

    Serrano

    sigh If only the Spanish peope hadn't elected Zapetero and the Socialists who bankrupted the country.

  • 0

    noriyosan73

    Be thankful in Japan. Spain's unemployment rate is 21.5%, compared to 4.5% in Japan. It is not going to be pretty in Spain and the rest of Euroland, but it has to be done. Socialists caused this problem in Europe, and now the price has to be paid by everyone, including the Japanese.

  • 0

    globalwatcher

    Many countries are in the same trouble. Who's next?

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