Spain steps up austerity amid protests – FT.com

austerity

austerity (Photo credit: 401(K) 2012)

The Financial Times reports on the bitter reaction to increased austerity measures proposed by the Spanish Prime Minister. Check it out!

Spain steps up austerity amid protests – FT.com.

Whilst I recognize that the Spanish Public Sector is hugely fat, bloated and in need of reform, I am not convinced that additional austerity will be effective. I fear that Spain will follow Greece to the edge of democratic government.

What do you think?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: