Spain faces protests after its parliament bowed to EU pressure and voted to amend the constitution to limit national debt. The Senate’s voting today – but unions and rights groups vow to fight it, saying the debt cap would decimate the welfare system and hurt the most vulnerable.
One of the main purposes of the debt debate in Madrid today is to send the message to markets that the government is serious about tackling its runaway finances. But writer and journalist Miguel-Anxo Murado believes it’s those very markets that are responsible for Spain’s predicament today.
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