View of Cervantes Institute headquarters (former Río de la Plata Bank's building) from Calle de Alcalá (street) in Madrid (Spain). Español: Vista de la sede principal del Instituto Cervantes (antiguo edificio del Banco del Río de la Plata) desde la Calle de Alcalá de Madrid (España). (Photo credit: Wikipedia)
This is a good story from the FT. Check it out!
Madrid commits to reforms despite strike – FT.com.
Personally, whilst I recognize that the Spanish economy needs serious structural, I believe that too much focus on austerity will lead to unnecessary pain for Spanish citizens.
What do you think?