Spain Piles On Austerity Measures

Spain's prime minister announced fresh austerity measures worth $79.62 billion in an effort to meet new deficit targets agreed with euro-zone partners.

Topics:  spain   austerity measures   
BING NEWS:
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  • Eurozone crisis live: 5.6m out of work as pressure piles on Spain
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  • Spain in 2013: Is the worst over?
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  • Catalonia Nears Default, Threatens Spain’s Debt
    The worst offenders — Extremadura and Aragon — increased their respective debt piles by over 15% ... warning that a new round of austerity will be needed to reduce the economy’s public deficit to the target rate of 3%. Then, two days later, in ...
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  • As Greece stares into the abyss, has Spain escaped from crisis?
    consumers and the government were left with big piles of debt. Households saw the money tied up in their homes dwindle as property prices halved; workers had to swallow pay cuts and austerity measures introduced under Ireland’s EU/IMF bailout.
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