Government, labour unions and business groups in Spain have struck a "grand social pact" to allow for an overhaul to boost the economy. The agreement was widely expected after the three agreed on Friday to raise the compulsory retirement age from 65 to 67, one of the highest in Europe. It is expected that some changes will be announced this week. Standard & Poor's welcomed the move to reforms but said Spain's sovereign debt rating remained under pressure. The country is struggling to revive its economy, the fifth-largest in the EU, and avoid an international bail-out like those in Greece and the Irish Republic. Its jobless rate is just about 20% at a time the eurozone average is 10%.
>>>See Related blogs:
ROYAL FORUM: Spain's Royal Family Cut Budget For First Time In History
ROYAL FORUM: China signs $7.5b deals with Juan Carlos' Spain
Person | About | Day |
---|---|---|
نسرین ستوده: زندانی روز | Dec 04 | |
Saeed Malekpour: Prisoner of the day | Lawyer says death sentence suspended | Dec 03 |
Majid Tavakoli: Prisoner of the day | Iterview with mother | Dec 02 |
احسان نراقی: جامعه شناس و نویسنده ۱۳۰۵-۱۳۹۱ | Dec 02 | |
Nasrin Sotoudeh: Prisoner of the day | 46 days on hunger strike | Dec 01 |
Nasrin Sotoudeh: Graffiti | In Barcelona | Nov 30 |
گوهر عشقی: مادر ستار بهشتی | Nov 30 | |
Abdollah Momeni: Prisoner of the day | Activist denied leave and family visits for 1.5 years | Nov 30 |
محمد کلالی: یکی از حمله کنندگان به سفارت ایران در برلین | Nov 29 | |
Habibollah Golparipour: Prisoner of the day | Kurdish Activist on Death Row | Nov 28 |