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New Spanish government announces draconian measures to balance the budget

Friday, December 30th 2011 - 21:39 UTC
Full article 1 comment

Spain's new government revealed on Friday that the public deficit for 2011 would come in at 8% of GDP, well above a target of 6%, and announced income and property tax hikes and a civil servant wage freeze in response. Read full article


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  • ChrisR

    There will be rioting in Santa Cruz next.

    Oh! I forgot: there alraedy is AND it's in Argentina!

    Dec 31st, 2011 - 11:10 am - Link - Report abuse 0

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