Posts Tagged ‘mariano rajoy’

EU preparing for a rescue plan for Spain

Nathan Andrada – Fourth Estate Cooperative Contributor Brussels, Belgium (4E) – Spain is reportedly in talks with European authorities for a fresh round of rescue plan to be announced next week. The Financial Times reported on Friday that the EU is setting the stage for a rescue plan for Spain and unlimited bond purchases by […]

Spain announces deep austerity, new taxes

Spain’s Prime Minister Mariano Rajoy announced on Wednesday that his government will implement a €65bn ($ 79bn) worth of spending cuts in a major effort to reach budget-deficit goals that were agreed with the troubled country’s European partners. Article © AHN – All Rights Reserved Economy, Business And Finance Stories