Browse Topics
Tools
Internaxx Stock Market
Index Last Var.(%)
BEL 20 2119.3 0.50
DAX 5252.45 1.50
IBEX 30 10726.8 0.59
CAC 40 3377.59 1.40
FTSE 100 4564.5 0.79
AEX 276.85 0.95
DJIA 9096.72 -0.13
Nasdaq 1975.51 0.39
FTSE MIB 20341.67 1.65
TSX Composite 10570.54 -1.74
ASX 4148.9 -0.60
Hang seng 20135.5 -2.37
Straits Times 0.00
ISEQ 20 442.48 0.27
You are here: Home News Dutch News Small businesses in Spain slam economy policies

27/03/2009Small businesses in Spain slam economy policies

About 1,000 workers from small- and medium-sized businesses rallied to demand the government change its economic policies.

MADRID – Some 1,000 workers from small- and medium-sized businesses protested outside Spain's parliament on Thursday to demand the government change its policies to tackle the economic crisis.

The crowd called on Socialist Prime Minister Jose Luis Rodriguez Zapatero to resign, shouting "Spain deserves another prime minister".

"This government ignores the small- and medium-sized companies and the independents," said Javier Parera, 54, who founded a chain of bakeries in the northeast city of Barcelona.

"We are suffering from not having access to credit, regulations that are too strict," he said.

Spain's economy, the fifth-largest in Europe, fell into recession at the end of 2008 as the global financial crisis exacerbated a correction that was already underway in the construction sector, the engine of its growth.

The slump in the building sector has spread to other areas, pushing the unemployment rate to 13.9 percent in the fourth quarter of 2008, the highest level in the 27-nation European Union.

"The solution would be a radical change in economic policy" with "more flexibility, more credit," said Parera, who has seen sales at his four bakeries fall 15 percent and orders from the hotels that he supplies plunge 30 to 40 percent.

"I paid the last salaries of my employees with savings made by my wife," he said.

Several opposition deputies, from the right and the extreme-left, came out of the parliament building to observe the protest.

Other demonstrations have taken place in recent months in the Spanish regions worst hit by the crisis but the two biggest unions, the UGT and the CCOO, have for the moment ruled out calling a general strike.

AFP / Expatica

0 reactions to this article

Discussion Forums

Legal Problems in the Netherlands

Moving to UK - what happens to my Dutch residence permit, by LaBelle

Legal Problems in the Netherlands

Consequences of not registering with the gemeente?, by wesley-nl

Netherlands Soapbox

Random Thought of the Day, by wesley-nl

Employment in the Netherlands

Starting business as a partner of highly skilled migrant, by air23time

Expatica Feedback Forum

Expatica.com Estimated Worth $46.2 Thousand USD, by pritamsingh98

participate in the forums

Inside Expatica
Healthcare in the Netherlands

Healthcare in the Netherlands

Here’s a current guide to health insurance, doctors, dentists and pharmacies.

Dutch immigration and residency regulations

Dutch immigration and residency regulations

Lost in the Dutch immigration system? Look no further than this guide compiled for our Survival Guide 2009.

The Netherlands at a glance

The Netherlands at a glance

Some basic facts and figures about living and working in the Netherlands.

Giving birth in the Netherlands

Giving birth in the Netherlands

The challenges and benefits of the maternity system in the Netherlands and how it differs to other countries.