AUSTERITY POLICIES

Andalusia and Catalonia announce new cuts to curtail deficits

Premier Mas maintains legal challenge to central government’s austerity decrees

The regional governments of Catalonia and Andalusia on Tuesday announced billions of euros in immediate cutbacks aimed at reducing their budget deficits, including lower government employee salaries and freezing public works projects.

Catalan premier Artur Mas of the center-right nationalist CiU bloc said his government would for now follow decrees issued by Prime Minister Mariano Rajoy calling for deep cuts in health and education, but he would continue with his plans to challenge them before the Constitutional Court. Mas did not detail exactly where the region would make cuts to save some 1.5 billion euros this year, but said subsidies to public firms would be reduced.

In Andalusia, economic commissioner Carmen Martínez Aguayo announced the quota corresponding to the region from income taxes would be hiked by one percentage point on salaries between 60,000 and 120,000 euros. Paycuts for Andalusian government workers would also be imposed immediately, including trimming June’s bonus by up to 30 percent.

The regional government in Seville said it would also be challenging the central administration’s austerity impositions.

Para poder comentar debes estar registrado en Eskup y haber iniciado sesión

Darse de alta ¿Por qué darse de alta?

Otras noticias

LATIN AMERICA

China and Cuba sign 29 cooperation agreements

Maye Primera Miami

Castro is working to attract foreign investment to jumpstart Cuban economy

Mexico ends 76-year-old state oil and gas monopoly

Opposition PRD threatens to use legal tools to force repeal of reform package that allows private and foreign investment

Ecuador takes on debt in order to grow

Country’s deficit exceeded $5 billion last year, five times more than in 2012

Venezuela’s ruling party chooses delegates to influential congress

Maduro seeking support for economic reform and crackdown on dissidence

Lo más visto en...

» Top 50

Webs de PRISA

cerrar ventana