Thursday, 12 July 2012

Spain cuts spending in $79B austerity plan

Spain cuts spending in $79B austerity plan:
Spain announced a $79.85 billion austerity package that includes tax hikes and spending cuts on Wednesday, a day after it won approval from its euro partners for a huge bailout. Spain announced a $79.85 billion austerity package that includes tax hikes and spending cuts on Wednesday, a day after it won approval from its euro partners for a huge bailout.