Zapatero warns on regional spending

José Luis Rodríguez Zapatero, Spanish Prime Minister, issued a hardline warning to the country’s autonomous regions in January 2010 that they must curb public spending and debt creation so that Spain can recover from its sovereign debt crisis.

After decades of government concessions to regional demands, Mr Zapatero said in a Financial Times interview that the central government would strictly enforce deficit limits and act against any region that stepped out of line.

ESO: Background information: Zapatero promises reform http://www.europeansources.info/record/zapatero-promises-reform/

---