Spain Hopes for Economic Recovery By Cutting Government Spending

30th June 2010, Comments 0 comments

The Spanish labor minister - Celestino Corbacho said that Spains economic recovery is going to be achieved by focusing on cutting down on government spending. This way, the massive deficit can be overcome rather quickly. If we cut pensions, salaries and withdraw all modes of public investment then it is evidently going to affect the economy, ...

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