Spanish Rescue Package Will Further Bleed Taxpayers

June 2012
Moderate Voice;6/10/2012, p7
Blog Entry
The article reports on the 100-billion-euro rescue package purchased by the Spanish government. The author mentions that the government was forced to swallow the rescue package to establish a firewall around the European banking system from the Euro crisis. However, he notes that the said rescue package will be another burden for the country's taxpayers, who are already struggling from rising unemployment and falling economic growth.


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