Spain Cuts Spending In $79b Austerity Plan

Spain announced a $79.85 billion austerity package that includes tax hikes and spending cuts on Wednesday, a day after it won approval from its euro partners for a huge bailout.

Topics:  spain   cuts   spending   austerity   
BING NEWS:
  • Spain's Austerity Plan Aims To Shave $79 Billion Off The State Budget
    MADRID — Spain's government imposed more austerity measures on the beleaguered country Wednesday as it unveiled sales tax hikes and spending cuts aimed at shaving (EURO)65 billion ($79.85 billion) off the state budget over the next two and a half years.
    09/9/2012 - 10:12 pm | View Link
  • ‘Spain on the brink?’, Trust and the banks
    introduced 65 billion euros in austerity programs. It typically is not a good thing when a ‘small shoe drops’. Spain is a ‘big shoe’ in Eurozone terms. Watch for: things in Spain to get worse before they get better; and, negative economic related ...
    07/13/2012 - 8:30 am | View Link
  • Spain on the Brink?
    This given Spain's current 24% overall unemployment rate and 52% youth unemployment rate; increases in at least the overall unemployment rate; a drop in Spain's GDP; notwithstanding the austerity measures introduced, a continuing Spanish Federal deficit ...
    07/13/2012 - 4:29 am | View Link
  • Spain unveils new $79B austerity plan
    (AP) MADRID - Spain's government imposed further austerity on the country Wednesday as it unveiled sales tax hikes and spending cuts aimed at shaving euro65 billion ($79.85 billion) off the state budget over the next two and a half years. A day after ...
    07/11/2012 - 6:32 am | View Link
  • 'This is reality': Spain slashes spending, raises taxes in $79B austerity plan
    MADRID -- Spain announced a 65 billion euro ($79.85 billion) austerity package that includes tax hikes and spending cuts on Wednesday, a day after it won approval from its euro partners for a huge bailout of the country's stricken banks. Prime Minister ...
    07/11/2012 - 12:37 am | View Link
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    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    10/28/2014 - 9:52 pm | View Website
  • Economy of Spain
    Main articles: Spanish property bubble and Economic history of Spain. When Spain joined the EEC in 1986 its GDP per capita was about 72% of the average of its members.
    10/27/2014 - 10:36 pm | View Website
  • Austerity
    In economics, austerity describes policies used by governments to reduce budget deficits during adverse economic conditions. These policies may include spending cuts ...
    10/27/2014 - 2:05 am | View Website
  • Times Online
    The Times online log in page. Enter your username and password to login.
    10/27/2014 - 12:46 am | View Website
  • Spain Unveils Sweeping Cuts on Income , Corporate Taxes
    Economy Spain Unveils Sweeping Cuts on Income, Corporate Taxes Budget Minister Says Cuts Will Stimulate Investment, Jobs and Competitiveness
    06/20/2014 - 5:24 pm | View Website
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