Spanish Prime Minister Jose Luis Rodriguez Zapatero called early elections as austerity measures erode support for his Socialist Party and the country seeks to convince investors it can control the 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 backed Alfredo Perez Rubalcaba as Socialist candidate in the next general election and clung on as leader of the ruling Socialist Party, entrenching his role in staving off Europe’s debt crisis.
Spain’s Socialist Prime Minister Jose Luis Rodriguez Zapatero performed a U-turn and cut public wages, caving in to pressure from the rest of Europe to reduce spending to avoid being dragged deeper into the Greek crisis.
Spanish Prime Minister Jose Luis Rodriguez Zapatero returned to Madrid to discuss the worsening fiscal crisis with ministers, less than a day after departing for a vacation in the south of the country.
Spanish Prime Minister Jose Luis Rodriguez Zapatero said that the agreement between euro-area leaders should help ease his nation’s financing costs as it fights contagion from the debt crisis afflicting the region.
Spanish Prime Minister Jose Luis Rodriguez Zapatero , facing a surge in borrowing costs as he tries to tame one of Europe’s biggest budget deficits , today announces a labor-law overhaul that risks further eroding his support among voters and investors.