UPDATE: 11/07/2012 - DEBT - ECONOMIC CRISIS - SPAIN - TAXES
Spain’s PM outlines drastic spending cuts
Spain’s Prime Minister Mariano Rajoy announced Wednesday a wide-reaching plan to save EUR65 billion over the next three years. The package, designed to bring the country back from the brink, includes big spending cuts and higher taxes.
FRANCE 24 (video)
News Wires (text)
link-
http://www.france24.com/en/20120711-spain-savings-plan-tax-budget-economic-crisis-eurozone-banking-spending-cuts-debt