Spaniards Protest Crashing Austerity and Corruption
Thousands of protestors marched the streets of Spain today to protest extreme austerity measures, privatization of their public services and political corruption.
Spain’s conservative government passed the austerity measures in order to control euro zone’s highest budget deficit stricken economy, that was racked by a burst housing bubble in 2008.
Prime Minister Mariano Rajoy has introduced some of the deepest budget cuts in Spain’s democratic history, but the cuts have only scratched the surface of the budget shortfall which is expected to be more than double in 2014.
Recently surfaced allegations, that the ruling Popular Party (PP) politicians, including Prime Minister Rajoy and ministers in his government have been receiving sums of money from secret slush funds provided by construction firms and other businesses, further outraged the already suffering public.
Currently, Spain’s unemployment rate is at 26%, 55% for young adults. The country is battling with mass unemployment, low wages and the destruction of social services by austerity measures implemented by the PP.
Over a million people have already demanded that Rajoy resigns, and thousands have participated in protests outside the PP’s Madrid headquarters, earlier in the month, after the corruption allegations surfaced.
Spain has been experiencing frequent public demonstrations since thousands of Spaniards took to the streets in 2011, setting up a protest camp in Madrid’s Puerta del Sol square.
Protests coincided with a court appearance by the Spanish king’s son-in-law to face fraud charges and the anniversary of an attempted coup in February 23, 1981, by right-wing officers to crush Spain’s new democracy.
Image Credit: Video -Al jazeera, http://blogs.ft.com