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Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 2 April 2012 [View all]
xchrom
(108,903 posts)35. German envoy in Madrid to inspect the books while the Financial Times editorial slams the Rajoy
http://www.typicallyspanish.com/news/publish/article_34228.shtml
German envoy in Madrid to inspect the books while the Financial Times editorial slams the Rajoy budget
Mariano Rajoy will today, Monday, explain the Spanish budget to an emissary from Angela Merkel’s government. He will receive Volker Kauder, and inform him of the changes carried out in Spain in the last weeks.
Kauder is President of the CDU parliamentary group in Germany.
Meanwhile the Spanish press has been reviewing the first 100 days of the Rajoy administration, the time traditionally in Spain for generosity to be shown to the new Government. But it has been a 100 days of labour reforms, spending cuts, and a General Strike.
A very harsh editorial in the Financial Times this morning describes the 2012 budget as ‘strange and worrying’. The paper notes in his favour that Rajoy should not have found himself facing reducing the deficit from 8.5% to 5.3%.
Read more: http://www.typicallyspanish.com/news/publish/article_34228.shtml#ixzz1qtSkkwaz
German envoy in Madrid to inspect the books while the Financial Times editorial slams the Rajoy budget
Mariano Rajoy will today, Monday, explain the Spanish budget to an emissary from Angela Merkel’s government. He will receive Volker Kauder, and inform him of the changes carried out in Spain in the last weeks.
Kauder is President of the CDU parliamentary group in Germany.
Meanwhile the Spanish press has been reviewing the first 100 days of the Rajoy administration, the time traditionally in Spain for generosity to be shown to the new Government. But it has been a 100 days of labour reforms, spending cuts, and a General Strike.
A very harsh editorial in the Financial Times this morning describes the 2012 budget as ‘strange and worrying’. The paper notes in his favour that Rajoy should not have found himself facing reducing the deficit from 8.5% to 5.3%.
Read more: http://www.typicallyspanish.com/news/publish/article_34228.shtml#ixzz1qtSkkwaz
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