Spain slashes spending in 2012 budget

2012-03-30 3

The Spanish government has announced a budget of deep cuts for this year.

All ministries will have their spending slashed by just under 17 percent as part of total saving of 27 billion euros.

The tough austerity measures were demanded by Brussels to get Madrid's deficit down to manageable levels.

...
http://www.euronews.net/

Free Traffic Exchange