MADRID (Reuters) – Spaniards are losing trust in their political leaders as the ruling center-right government imposes spending cuts to try to meet a difficult deficit target, a survey published on Sunday in the country’s leading newspaper El Pais showed. Rajoy’s People’s Party came to power at the end of 2011 and has introduced over 60 billion euros ($ 78 billion) of spending cuts to end-2014. Europe’s fourth largest economy is suffering its second recession in three years and the unemployment rate stands at 25 percent. …
Economy News Headlines – Yahoo! News
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