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:
  • Spain's slow recovery yet to be felt in austerity-worn capital
    By Paul Day MADRID (Reuters) - Hundreds of street lamp and traffic light maintenance workers began an open-ended strike in Madrid on Thursday, the latest in a succession of public-sector worker walkouts to hit Spain's austerity-pinched capital city.
    12/12/2013 - 3:00 am | View Link
  • Spain's slow recovery yet to be felt in austerity-worn capital
    In November street cleaners and gardeners downed tools for 13 days, leaving the city's streets pockmarked with overflowing bins, dead rats and pigeons and its drains choked with piles of autumn leaves. The city is also plagued with intermittent strikes by ...
    12/12/2013 - 2:16 am | View Link
  • Spain's slow recovery yet to be felt in austerity worn capital
    MADRID (Reuters) - Hundreds of street lamp and traffic light maintenance workers plan to go on strike in Madrid on Thursday, the latest in a succession of public sector worker walk-outs to hit Spain's austerity ... on the roads and piles of autumn leaves ...
    12/11/2013 - 9:59 pm | View Link
  • Spain sinks deeper into recession
    Madrid - Spain sank deeper into recession in the third quarter, as a brutal austerity programme hammered public spending and weak domestic demand piles pressure on the country to seek international aid. Gross domestic product contracted by 0.3% from the ...
    11/14/2012 - 10:38 pm | View Link
  • Rating cut piles pressure on Spain to seek aid
    As part of the government's austerity drive, Prime Minister Mariano Rajoy increased VAT to 21 percent from 18 percent in September, as well as abolishing special low rates on products ranging from cinema tickets to school supplies. Spain must cut the ...
    10/11/2012 - 8:36 pm | View Link
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BING SEARCH:
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    The Greek government-debt crisis is part of the ongoing Eurozone crisis triggered by the arrival of the global economic recession in October 2008, and is believed to ...
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  • Mark Blyth | Watson Institute for International Studies
    Publications. Austerity: The History of a Dangerous Idea (New York: Oxford University Press 2013). Translated into Spanish, Portuguese, Chinese, Korean.
    04/19/2014 - 4:04 am | 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 ...
    04/19/2014 - 2:24 am | View Website
  • India
    The latest India and international business, finance, economic and political news, comment and analysis from the Financial Times on FT.com
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  • 2013 Year in Review: David Collum | Peak Prosperity
    Every year, friend-of-the-site David Collum writes a detailed "Year in Review" synopsis full of keen perspective and plenty of wit. This year's is no exception.
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