Spain to approve urgent economy measures Dec. 30 – BusinessWeek

Deputy prime minister Soraya Saenz de Santamaria said Friday Spain’s new government will approve a set of urgent measures next week as it begins working on extracting the country from its severe economic crisis.

Speaking after the first Cabinet meeting, Saenz de Santamaria gave few details of the measures to be approved Dec. 30 but said they would include a freeze on filling new civil service vacancies except in key areas such as the security forces.

She also intimated that a current wage-freeze for civil servants could be extended.

However, Saenz de Santamaria said, the measures next Friday would also bring back cost-of-living adjustments for pensions.

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