Spain To Slash Another $50 Billion From 2013 Budget | WAMU 88.5 - American University Radio
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Spain To Slash Another $50 Billion From 2013 Budget

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Spain is slashing another $50 billion from its budget — scrapping early retirement programs, hiking taxes and sparking public outrage in the streets. Madrid is struggling to avoid a second, larger European Union bailout, beyond what it's already getting for its banks. But markets have plummeted, dragged down by investors' doubts about whether Spain can go it alone.
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