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Economic downturn in Spain: Red Cross to make first ever public appeal

Tuesday, October 9th 2012 - 20:34 UTC
Full article 5 comments
‘Little Flag Day’ appeal on Wednesday to help with the empty fridge of Spanish families ‘Little Flag Day’ appeal on Wednesday to help with the empty fridge of Spanish families

The Red Cross is to make its first ever public appeal in Spain to help those affected by the economic crisis. It will ask Spanish people to donate money to help 300.000 of the most vulnerable people.

Before the crisis, it mainly helped immigrants but, with one in four adults out of work, more and more Spanish families rely on food hand-outs.

A campaign video shows a family with an all but empty fridge receiving a box of groceries from the Red Cross.

However this is one of Spain's most recognised charities, known in the past for public appeals for disaster-hit or poverty-stricken countries abroad. And a campaign in Spain, to help Spanish people, is symbolic and will draw attention to the often invisible, social impact of the economic crisis.

On Wednesday, the organisation will announce its Dia de la Banderita (Little Flag Day) appeal in 30 of the country's provinces, El Pais newspaper reports.

The video shows a Spanish family - a father, son and daughter - sharing an omelette made from a single egg. Their mood lifts when the Red Cross box arrives.

The Spanish Red Cross is one of the country's most-recognised charities, previously best known for making public appeals for disaster-hit and poverty-stricken countries. It is warning of rising levels of inequality, which could lead to social unrest.

On Monday, the IMF forecast that Spain would miss its deficit targets in 2012 and 2013 due to a much bigger economic contraction than forecast by the Spanish government. It predicted the economy would contract by 1.3% next year, compared to a government forecast of 0.5%.

It estimated that Spain's deficit would reach 7% of GDP in 2012 and 5.7% in 2013, compared with EU-agreed targets of 6.3% and 4.5%, respectively. The country has the highest unemployment rate - 24.3% - in the EU, while 51.5% of young people are out of work.
 

Categories: Economy, International.

Top Comments

Disclaimer & comment rules
  • Xect

    Come on Red Cross, its unfair to leave Argentina out of this, they need your charity just as much!

    Must be a Spanish thing......

    Oct 09th, 2012 - 10:09 pm 0
  • briton

    As they are mates
    will CFK offer spain billions in loans,

    for a price ??

    Oct 09th, 2012 - 11:01 pm 0
  • pecurto

    A Espanha é um dos pais do mundo onde a democracia é transparente os espanhóis sabém dar a volta por cima á sua crise e é uma nação voluntaria e solidaria com as outras nações a cruz vermelha irá apoiar muitas familias espanhólas enhorabuena cruz roja

    Oct 10th, 2012 - 01:40 pm 0
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