27 September 2012

SPAIN / EUROZONE : Backlash Builds In Madrid Over PM Rajoy's Lavish Lifestyle; 8.9% Budget Cuts Detailed.


     A backlash is building in Madrid...as new revelations emerge of the good life enjoyed by conservative PM Mariano Rajoy...while his nation suffers from austerity measures...growing sometimes violent protests...and 25% unemployment.
     News of a 1,000 euros steak/turbot dinner...with 7 bottles of expensive wine...consumed during a short flight from Poland in June...is enraging many.
     His financial ministry just announced massive 40 bn euros/$51 bn budget cuts for 2013.
       AND: Spain's 8.9%...2013...budget cuts detailed: