In a nearly $20-billion package of spending cuts and tax increases passed by the parliament, the government moved most holidays away from midweek to Mondays to cut off time and increase productivity.
01/2/2012
— Filed under: Finance
Tags: debt crisis, Spain
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European finance ministers on Tuesday ordered Greece and Spain to swiftly get debts under control as a recession threatened to undermine efforts to end a two-year crisis.
01/1/2012
— Filed under: Finance,Politics
Tags: debt, Greece, Spain
Spain’s new government needs to enact more reforms to cut the country’s joblessness levels and its fiscal deficit, the EU’s top economic official said on Wednesday, stressing that youth unemployment was a big worry.
12/23/2011
— Filed under: Finance
Tags: budget, http://www.reuters.com/article/2012/01/11/eu-spain-deficit-idUSB5E7N500820120111, Spain
Spain and Italy gave financial markets a boost Thursday as they successfully raised nearly euro22 billion ($27,98 billion) in two keenly watched debt auctions that showed renewed investor confidence in their attempts to get a grip on their debt problems.
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Spain Friday marked the bicentennial of the launch of its Cadiz Constitution, which is seen as having laid the foundations for its modern democracy.
08/22/2010
— Filed under: Politics
Tags: democracy, Juan Carlos, Spain
Spain will raise taxes on the highest earners and cut spending in the most austere budget in at least three decades to slash the euro region’s third-largest deficit. The government raised its jobless forecast and left its economic-growth estimate unchanged.
The number of people unemployed in Spain, which has the highest rate in the euro zone, fell for the fourth month in a row in July as the tourism industry hired workers for the summer, the government said today.
07/19/2010
— Filed under: Business,Society
Tags: Spain, unemployment
The Spanish government on Sunday announced plans to slash incentives for new solar photovoltaic (PV) installations by up to 45 per cent, although it appeared to edge away from proposals that would have resulted in reduced support for existing installations.
Spain’s finance minister admitted on Sunday that the country’s economic recovery would be slow due to the government’s austerity drive.
05/31/2010
— Filed under: Finance
Tags: economic recovery, finance minister, Spain
