Spanish parliament approves 15 billion euro austerity package

29th May 2010, Comments 0 comments

Bringing respite to the debt-crisis in the euro zone, the Spanish parliament has approved for a 15 billion euro austerity plan which aims at reducing the governments budget deficit and regain confidence in the market on Thursday. The United States and China also backed the European markets as the euro was up by 1.6 percent against ...

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