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Rajoy Inches Toward Aid as Protests, Regions Seethe


Valin

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Julien Toyer and Fiona Ortiz

September 26, 2012

 

MADRID – Violent protests in Madrid and growing talk of secession in wealthy Catalonia are piling pressure on Spanish Prime Minister Mariano Rajoy as he moves closer to asking Europe for rescue money.

 

Rajoy has been resisting calls from influential domestic bankers and the leaders of France and Italy to move quickly to request assistance, but a series of events this week will drive him closer.

 

With protesters stepping up anti-austerity demonstrations, Rajoy presents more painful economic reforms and a tough 2013 budget on Thursday, aiming to persuade euro zone partners and investors that Spain is doing its deficit-cutting homework despite a recession and 25 percent unemployment.

(Snip)

 

Nothing to see here Move Along...everything is just fine and dandy....no really...Hey how about that Packers game!

 

 

 


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