Tag: Spain debt crisis

Spain debt crisis
Wednesday, August 29th 2012 - 02:22 UTC

Spain to the mercy of markets and with little signs of recovery

PM Rajoy met with European Council president Van Rompuy (L)

Spain’s recession worsened in the second quarter as the government’s austerity push to reduce the Euro area’s third-biggest budget deficit and a slump in consumer spending offset growth in exports.

Monday, July 30th 2012 - 07:15 UTC

PM Rajoy not handling the economic crisis, say 80% of Spaniards

The PM so far from the landslide victory of last year

Support for Spanish Prime Minister Mariano Rajoy fell sharply in July after his government announced a new round of deep spending cuts and tax hikes to fight the sovereign debt crisis, an opinion poll showed.

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