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dipsydoodle

(42,239 posts)
2. With unemployment in Spain currently at 24.4%,
Fri May 18, 2012, 06:54 PM
May 2012

last figure published and apparently the the highest in Europe, their only alternative would be to recoup the 7.2 billion Euros elsewhere. http://www.bbc.co.uk/news/business-17866382

That probably mean either/both further reducing public sector wages or increasing taxes with respect to the remaining 75.6% in work.

Hobson's choice.

Under the circumstances described I don't really see their population having much sympathy with respect to reduced cover for illegal immigrants and restrictions to such people affected are better than sfa.

The root cause of all this was the collapse of their construction industry late 2007 and we all known the background to that - the antics of the US banking sector.

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