A landslide victory by Mariano Rajoy’s People’s party (PP) in Sunday’s general election did nothing to stop Spain’s debt problems worsening on Monday as the prime minister elect remained powerless to calm the markets. Spaniards were proud of having avoided an Italian-style government of unelected technocrats after they gave conservative Rajoy the go-ahead to introduce reform and impose further austerity. http://m.guardian.co.uk/world/2011/nov/21/mariano-rajoy-spain-debt-crisis?cat=world&type=article Posted from WordPress for Android – mobile blogging!
Crisis-hit Spaniards voted in rain-swept elections all but certain to hand a thundering victory to the right and topple yet another debt-struck eurozone government. Bowed by a 21.5-per cent jobless rate, economic stagnation and deep spending cuts, the first voters of the 36-million-strong Spanish electorate headed to polls ready to punish the ruling Socialists. http://www.telegraph.co.uk/news/worldnews/europe/spain/8902172/Spain-votes-as-conservatives-head-for-crushing-victory.html Posted from WordPress for Android – mobile blogging!
Valeriano Gómez, the Minister of Employment (at least until Sunday!) has suggested that he would like to triple the amount the government gives companies to offset the cost of hiring people. The aids, on which the social security office spends around 3 billion a year at present, go towards a number of special interest schemes, such as offsetting social security costs for hiring older people, first time employees, disabled members of staff, etc. It strikes Continue reading Minister of Employment suggests 9 billion euros to help offset cost of hiring staff
Seriously. This is the PSOE candidates answer as to how he will clamp down on fiscal fraud, and bring Spain out of the recession. He’s going to outlaw paying cash for invoices worth over 3,000€. Says it all, really. If it wasn’t such a serious matter, I’d be laughing. (part of his q&a session on Twitter). Meanwhile, AFES, the association for families affected by embargoes, warns that 1 out of every 5 Spanish families who Continue reading Rubalcaba: I will outlaw paying bills over 3,000€ in cash
The latest figures from the social services office show that an additional 134.182 people signed onto the dole in October across Spain. The total number of people drawing the dole is now, officially, 4.360.926. That’s just about the population of Eire, if anyone if keeping count (4.481.430). The figures come a month after the official population survey showed that just under 5 million people were unemployed in Spain – that’s supposed to be people drawing Continue reading Hey! Unemployment dropped in the province! Break out the cava!
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