Author (Person) | Mallet, Victor |
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Series Title | Financial Times |
Series Details | 28.5.10 |
Publication Date | 28/05/2010 |
Content Type | News |
The Spanish parliament approved on the 27 May 2010 the country’s latest emergency austerity plan by the narrowest of margins – a single vote – after a debate in which rightwing, leftwing and regional parties all attacked the Socialist government’s handling of the crisis. The aim is to reassure debt markets and help restore confidence in the eurozone by reducing the budget deficit from 11.2% of gross domestic product to 9.3&% in 2010 and 6% in 2011. |
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Countries / Regions | Spain |