Deepest austerity measures in decades stall Spanish economy recovery

Friday, November 12th 2010 - 00:50 UTC

Full article 6 comments

Spain’s economy stalled in the third quarter as the deepest austerity measures in three decades, aimed at taming the Euro region’s third-biggest budget deficit, undermined the recovery from an almost two-year recession. Read full article

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xbarilox
“Spain’s government, which expects GDP to fall 0.3% in 2010 in a second year of contraction, slashed public workers’ pay by 5% in June and raised value-added tax to 18% from 16% on July 1.” ouch! that hurts.
Nov 12th, 2010 - 01:28 am - Link - Report abuse 0
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briton
xbarilox xbarilox xbarilox xbarilox xbarilox xbarilox xbarilox
you may well have a good point, but it wont help them to be less arrogant again their neighbours
Nov 12th, 2010 - 11:43 am - Link - Report abuse 0
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xbarilox
briton, how can you say you're British when you can't write proper English sentences! Chileno chileno!
Nov 12th, 2010 - 05:27 pm - Link - Report abuse 0
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Asdrúbal el Bello
Oh no, he's gibraltarian. There not speak english “very guel” ;-)
Nov 12th, 2010 - 06:15 pm - Link - Report abuse 0
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briton
xbarilox does that mean stupid in Spanish then,
but as you do not come from argentina , then how do you know that i don’t.
Silly boy
Nov 12th, 2010 - 11:21 pm - Link - Report abuse 0
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J.A. Roberts
I think you mean “berri gule” Astru.
Nov 13th, 2010 - 06:46 pm - Link - Report abuse 0
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