Tag Archives: Spain’s finances

Spain Prepares for General Strike

MADRID, Spain – Air, rail, and bus transportation will be severely restricted in Spain due to a general strike that is set to happen next week. The strike will be held by the main unions in the country to protest high unemployment and changes to labor laws that lower the Read On..

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Spain Strives to Lower Deficits

BRUSSELS, Belgium – Spain’s finance ministers of the euro zone were questioned on Monday because of the country’s high budget deficit. The deficit is on track to break the new rules harshest European Union (EU) this year, stressing that Madrid must reach its target by 2013.   After announcing that Read On..

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EU Discusses Spain’s Deficits

BRUSSELS, Belgium – Finance ministers of the euro zone signed the second rescue package for Greece on Monday and then brought their attention to Spain who is on the brink of breaking the new rules of the EU budget because they have failed to their deficit target this year.   Read On..

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