Published on Dec 31, 2011 by Euronews
http://www.euronews.net/ Spaniards have reacted with shock at the government's additional austerity measures which will see taxes go up and wages frozen.
The new centre-right government announced that Spain's budget deficit for 2011 would be much larger than expected at 8 rather than 6 percent of GDP.
Officials announced nearly 9 billion euros worth of spending cuts.
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The new centre-right government announced that Spain's budget deficit for 2011 would be much larger than expected at 8 rather than 6 percent of GDP.
Officials announced nearly 9 billion euros worth of spending cuts.
.
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