The Spanish government has today unveiled the toughest austerity package of the post-Franco era. Pretty extraordinarily, given the country's situation, Spanish Prime Minister Mariano Rajoy didn't take part in the press conference following today's cabinet meeting.It was therefore left to his deputy, Soraya Sáenz de Santamaría, to announce the bad news, accompanied by Energy Minister José Manuel Soria (on the right in the picture) and Treasury Minister Cristóbal Montoro (on the left).
Spanish Prime Minister Mariano Rajoy has begun addressing parliament, setting out a new raft of austerity measures aimed at balancing the budget. His speech comes as hundreds of Spanish miners arrived in Madrid to protest against go... Read Post
This week, the government of Spanish Prime Minister Mariano Rajoy unveiled a slate of tough new austerity measures that are intended to reduce the government's budget deficit by $84 billion over the next two and a half years. Rajoy'... Read Post