Detail Zapatero's Cuts; Spain's Budget Cuts   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 395 no. 8683 (May 2010), page 53-54. Topik: Politics; Economic Policy; Securities Markets; Fiscal Policy Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.63 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel As political U-turns go, Jose Luis Rodriguez Zapatero's on May 12th was spectacular. Spain's Socialist prime minister announced spending cuts of EUR 15 billion ($18 billion) over two years. His vision of an expanding welfare state was dumped. With it may have gone Zapatero's political future. As he set out cuts in civil-service pay, social programmes and pensions, Zapatero had the look of a man who has seen the writing on the wall. Yet his political death will take time. The next election is not due until 2012, and a fractious opposition seems unable to topple his minority government. He will call the shots for almost two more years. Zapatero is skilled at sounding as if he means business, but his record is of painful slowness to deliver. Only a shove by the markets, the European Union or, on this occasion, America's Barack Obama, can get him to act against his left-wing instincts. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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