REPSOL ESPAÑA

Thursday, December 22, 2011

Spain - Spanish prime minister Mariano Rajoy has chosen mostly close advisers to make up his cabinet

Published on Dec 21, 2011 by
http://www.euronews.net/ The new Spanish prime minister has chosen mostly close advisers to make up his cabinet, which has the unenviable task of reviving a floundering economy and keeping the country solvent.

Mariano Rajoy has already promised deep spending cuts across government departments to cut the deficit.

His enforcer will be Luis de Guindos at the head of the economy ministry. A former executive at the ruined bank Lehman Brothers, he will be seeking to sell more austerity to a country where one in five is jobless.

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