Spain’s opposition leader vows to cut debt – Yahoo! News
Posted by exitlanguages
MADRID AFP – Spain’s conservative opposition leader Mariano Rajoy, frontrunner to become prime minister next year, vowed to impose spending and debt limits if elected, in an interview published on Monday. Rajoy’s Popular Party is riding high after crushing the ruling Socialist Party in local elections May 22, when voters took revenge over an economic crisis and soaring unemployment. Asked what his first act would be if made prime minister, he said the most important would be to lay out a broad package of economic measures to restore confidence in society and the economy. Rajoy said his priorities were to tighten budgets, reform labour market rules and encourage entrepreneurs. “The first would be to approve a budget stability law fixing a ceiling on spending and debt in all government administrations, that is a priority,” Rajoy told the conservative daily ABC. Rajoy said labour market reform would be his second priority.Spain’s unemployment rate struck 21.29 percent in the first quarter of this year — the highest in the industrialised world — and has provoked spontaneous protests in city centres across the country.
Strange Random Leadership Quote:
Leaders grasp nettles. – David Ogilvy
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Posted on May 30, 2011, in Article and tagged Alfredo Pérez Rubalcaba, Carme Chacón, David Ogilvy, José Luis Rodríguez Zapatero, Madrid, Mariano Rajoy, People's Party (Spain), Socialists, Spain. Bookmark the permalink. 1 Comment.