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‘Spain is rising up!’ Raging miners invade Madrid (PHOTOS, VIDEO)
Spanish coal miners have entered a second day of mass protests as the country’s leader announces a nationwide tax hike.
Prime Minister Mariano Rajoy says he will raise VAT by 3 per cent as part of the plan to trim the public budget by 65 billion euro over the next two-and-a-half years. He also announced a 3.5-billion-euro cut to local government spending.
The fourth austerity package in seven months will raise the sales tax to 21 per cent and do away with tax rebates for home buyers. Unemployment benefits for workers will also be scaled back.
PM Rajoy asked public workers to make an “exceptional effort,” as the government takes away their end of year bonuses. MPs are included in the cuts, and will have their budgets slashed by 600 million euro.
He told parliament that the measures he was announcing should be adopted without delay.
His speech comes after thousands of Spanish coal miners arrived in Madrid, after walking nearly three weeks in the blazing sun to protest against cuts in government subsidies.
Spanish coal miners demonstrate in Madrid, on July 11, 2012 in protest at industry subsidy cuts that they say threaten their communities (AFP Photo/Dominique Faget)…..>Read more<
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