sábado, 15 de mayo de 2010

Skeletons In Crisis


Many buildings like that are unfinished because of the crisis.
This week the Spanish government took a series of measures to reduce state spending (under pressure from the European Union). Among other things, reducing the wages of state officials (5% on average), freeze pensions increase (for 40% of pensioners), reduction of government salary (15%), lower investment State infrastructure.
I think these measures will reduce spending, but I do not think that promote job creation (in Spain, the unemployment figures are above 20%).