Spain vows to press ahead with reforms

Author (Person)
Series Title
Series Details 16.1.12
Publication Date 16/01/2012
Content Type

Mariano Rajoy, the centre-right prime minister who took power in Spain in December 2011, has responded to the credit downgrade from Standard & Poor’s on the 13 January 2012 by saying that his government will persevere with austerity and economic reforms, cutting the budget deficit, modernising labour laws and restructuring the banking sector.

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