Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain's unions protest austerity measures

Source: AP - Sat 18th Dec 2010

Several thousand workers are braving cold weather in several cities around Spain to protest the government's austerity measures and its plans to extend retirement age.

The marches on Saturday were organized by Spain's main trade unions, the General Workers' Union and Comisiones Obreras.

Spain is striving to emerge from two years of recession and has an euro-zone high unemployment rate of 20 percent.

Spain's prime minister said Friday the government is determined to raise the retirement age to 67 from 65 in the new year despite resistance from opposition parties and labor unions who are also threatening a general strike.

Spain's central bank and other financial institutions have urged the government to make the changes as part of structural reforms.

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs