Prime Minister Jose Luis Rodriguez Zapatero has three weeks to draft a budget that can unite Basques who want to split from Spain and investors skeptical he can tame the euro region’s third-largest budget deficit .
Spanish Prime Minister Jose Luis Rodriguez Zapatero won parliamentary approval for next year’s spending plan by four votes in the first phase of a battle over the 2011 budget that could decide the fate of his government.
Spanish Prime Minister Jose Luis Rodriguez Zapatero is headed to victory on the country’s deepest budget cuts in three decades after striking deals with regional parties to support his 2011 fiscal blueprint.
Spain’s Catalan nationalist party said it won’t support Prime Minister Jose Luis Rodriguez Zapatero’s budget, narrowing his minority government’s chances of avoiding early elections that polls show it will lose.
Spain will raise taxes on the highest earners and cut spending in the most austere budget in at least three decades to slash the euro region’s third-largest deficit. The government raised its jobless forecast and left its economic-growth estimate unchanged.
As the only woman in her university class in Franco’s Spain, Elena Salgado remembers being singled out by a professor who doubted she could keep up with the male students. After making a point to the class, her professor would turn to her and ask: “And you, do you also understand?”