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Wednesday, 12-Feb-2014 10:30 Email | Share | Bookmark
spain budget imposes further austerity measures10

Spain resources imposes further austerity programs
Spain includes set out its austerity budget for The year 2013, with completely new spending nicks but security for retirement benefits, amid a new shrinking economy and 25% unemployment. Deputy Prime Minister Soraya Saenz pour Santamaria called it "a urgent situation budget designed to exit all the crisis". The new regimen of cost savings, tax springs up and basique reforms will be supervised by any new funding authority. Expectations are generally growing in which Spain should seek financial bailout from its eurozone couples. On Thursday, results of a fabulous stress check on Spain's mortgage lenders are due to be released. Revenue surprise Among the key points provided were: any 12% average chopped in ministerial wasting a frost nova in public market pay for thirdly consecutive twelve months a new separate authority to watch government finances an increase in retirement benefits funded by just drawing on 3bn dollars of supplies a new 20% taxes on lotto wins on top of 2,700 euros (

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