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Spanish PM defends austerity measures

05-17-2010 08:32 BJT

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Spanish Prime Minister, Jose Luis Rodriguez Zapatero, has defended the recently-introduced austerity measures to rein in the country's budget deficit.

Zapatero's measures include cutting civil service salaries by five per cent this year and freezing them in 2011, while also cutting six billion euros worth of public investment.

Meanwhile European Council President, Herman Van Rompuy, says Spain's case is not like Greece's, but it has no option except to cut its spending.

Jose Luis Rodriguez Zapatero, Spanish Prime Minister, said, "Reducing the public deficit is essential for Spain, for its immediate future, for its economic recovery."

Herman Van Rompuy, European Council President, said, "The measures are hard but are courageous, there is no other option, there is no alternative. It will not hamper economic growth, it will strengthen economic growth, it will help employment in the end. There is no economic growth without confidence in the future."


Editor:Zhang Pengfei |Source:

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