Categorized | Money

King Wishes to Unite Parties to Aid Spain’s Economy

Posted on 15 February 2010 by admin

King Juan Carlos of Spain announced wishes to see across party state pact, to help fight the recession.

This has been rejected by the PP (Partido Popular) the party’s number two, Dolores de Cospedal, said “A pact would only work, if it contained a drastic change in Zapatero’s policies. Which means, if taxes are reduced.”

However the government considers tax increases i.e. raising VAT, are necessary to control the deficit. María Teresa Fernández de la Vega, Deputy Prime Minister, also made the comment that it should be up to the government to arrange any pact.

Press reports claim the Spanish Prime Minister already gave the go-ahead last Tuesday, for the King to take on a more active public role. The Palace justified the meetings with the King because of the serious problems of the recession.

There have been meetings between the PSOE and other parties, most positively that of the talks with the Catalan party, but it has now been over a year since the last private meeting between Zapatero and Rajoy.

Meanwhile the two biggest Spanish unions, UGT and CCOO, have called for a week of protests from 23rd February, with the first rallies being arranged for Madrid, Valencia, and Barcelona.

The demonstrations are against plans to change the pension system in Spain, and raise retirement age to 67. These plans were announced before the leaders of the two unions met with King Juan Carlos on Friday.


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