MADRID (MarketWatch)
The Spanish government is planning a further 30 billion
euros ($38 billion) in spending cuts and tax hikes, some of which could be
announced next week, according to a report from Reuters on Wednesday
Citing
sources familiar with the matter, the news agency said the multiyear program
could involve hikes in sales and energy taxes, pension-system reforms,
civil-servant pay cuts, toll-road hikes and bigger cuts in regional and
government spendin
"The idea is to cut the cost of the public service, freeze
pensions, cut unemployment benefits," one source said
Reuters cited three other
sources who it said had confirmed that such measures were under review but that
specific decisions hadn't been made, while the total may fall below the €30
billion mark
The current plan is to bring debt to gross domestic product down
to 5.3% in 2012 and 3% in 2013, from 8.9% in 2011
Formación Académica y Profesional
Matemáticas Fundamentales por UCM, MBA Executive, MBA Financial Markets, PME Certified
IT CIO , Client Executive, Grupo Santander, IBM Global Services , Electronic Data System
Matemáticas Fundamentales por UCM, MBA Executive, MBA Financial Markets, PME Certified
IT CIO , Client Executive, Grupo Santander, IBM Global Services , Electronic Data System

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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.

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viernes, 6 de julio de 2012
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