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Spain is set to unveil more austerity and its 2013 budget today, a day after thousands of...

  • Thursday, September 27, 2012, 3:41 AM ET
    Spain is set to unveil more austerity and its 2013 budget today, a day after thousands of anti-cuts protesters marched for a second night in Madrid. The reforms are expected to include a new tax oversight body, more tax hikes, extended wage freezes and early retirement limits. The measures are designed to pre-empt the conditions that would be attached to a bailout, although critics say the proposals lack substance.
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This news story has 5 comments:

  •  
    News flash, more riots in Spain; pictures at 11.
    27 Sep 2012, 07:04 AM Reply Like
  •  
    So the rioters take the self initiative to riot in the hopes of compelling the gov to make it so they don't have to take self initiative.
    27 Sep 2012, 09:09 AM Reply Like
  •  
    Well said JHooper. Meanwhile in America, I am still waiting on Ben Bernake to change my diaper.
    27 Sep 2012, 09:31 AM Reply Like
  •  
    With so many people being unemployed, pretty soon it will be a case of 100% tax x 0 income = 0. See mommy, I aced my math test.
    27 Sep 2012, 07:15 AM Reply Like
  •  
    always difficult to accept a hit
    to one's standard of living
    27 Sep 2012, 11:37 AM Reply Like
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