Crisis adds impetus to Spain’s reform push

Awdur (Person)
Teitl y Gyfres
Manylion y Gyfres 16.6.10
Dyddiad Cyhoeddi 16/06/2010
Math o Gynnwys

The Spanish government presented proposals to reform labour market laws on the 16 June 2010, which many consider essential to tackling the 20% unemployment that was stifling consumer demand and draining scarce public resources.

In addition, the Bank of Spain is also looking to accelerate the pace of financial sector consolidation in the banking sector.

These steps underlined how the eurozone debt crisis was giving fresh urgency to structural reforms in Spain, where the government was under pressure to show it can cut an 11.2% budget deficit while encouraging investment and returning the country to growth.

Dolenni Cysylltiedig
ESO: Background information: Bond sales spark fears for Spanish economy http://www.europeansources.info/record/bond-sales-spark-fears-for-spanish-economy/
ESO: Background information: Spain's cajas pay price of inaction http://www.europeansources.info/record/spains-cajas-pay-price-of-inaction/
BBC News, 16.6.10: Spanish borrowing costs at new high http://news.bbc.co.uk/1/hi/world/europe/10331351.stm
El Mundo, 17.6.10: Madrid is not Athens (yet)(via PressEurop) http://www.presseurop.eu/en/content/article/275701-madrid-not-athens-yet
ABC, 23.6.10: Job stimulating reform? (Via PressEurop) http://www.presseurop.eu/en/content/news-brief-cover/279241-job-stimulating-reform
BBC News, 22.6.10: Spain ratifies labour reforms to cut unemployment http://news.bbc.co.uk/1/hi/world/europe/10385834.stm
Spiegel Online International, 24.6.10: Zapatero Tries to Cure Spain's Economic Hangover http://www.spiegel.de/international/europe/0,1518,702567,00.html
The Economist, No.8685, 5.6.10: Charlemagne. The pain in Spain http://www.economist.com/node/16274181

Gwledydd / Rhanbarthau
URL y cofnod https://www.europeansources.info/record/?p=269009