Budget for 2013 to include €20bn in austerity measures

Author (Person)
Series Title
Series Details 27.9.12
Publication Date 27/09/2012
Content Type

Spain set out its austerity budget for 2013 on the 27 September 2012, with new spending cuts but protection for pensions, amid a shrinking economy and 25% unemployment.

Source Link Link to Main Source http://elpais.com/elpais/2012/09/27/inenglish/1348747684_050126.html
Related Links
BBC News, 27.9.12: Spain budget to impose further austerity measures http://www.bbc.co.uk/news/business-19733995
France24, 27.9.12: Spain to slash spending in 2013 budget http://www.france24.com/en/20120927-spain-slash-spending-2013-budget-deficit-bailout-austerity-eurozone-mariano-rajoy
European Commission: RAPID: MEMO/12/719: Comments by Vice-President Olli Rehn on the publication of Spanish Structural Reform Plan http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/12/719&format=PDF&aged=0&language=EN&guiLanguage=en
El País, 27.9.12: Borrowing costs outstrip ministerial spending cuts in 2013 budget http://elpais.com/elpais/2012/09/27/inenglish/1348769027_727900.html
EurActiv: 28.9.12: Spain's 2013 budget cut winks at bailout http://www.euractiv.com/euro-finance/spanish-budget-winks-bailout-news-515071

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