Europe: The Reality of Austerity

Cita: 

Business Week [2012], “Europe: The Reality of Austerity”, Business Week, New York, 29 de marzo, http://www.bloomberg.com/bw/articles/2012-03-29/europe-the-reality-of-au...

Fuente: 
Business Week
Fecha de publicación: 
Jueves, Marzo 29, 2012
Idea principal: 

A news roundup on austerity programs of European countries is presented. The Spanish government stops awarding E2,500 "baby checks" for each child born to legal residents. Spanish civil servants' workweek is increased to 37.5 hours from 35 hours. Meanwhile, the Irish government ends the "Christmas bonus," an extra week of welfare paid to recipients during the holidays. In Italy, gasoline prices are about to touch $10 a gallon, the highest in the euro region, after the government raised tariffs and increased value added taxes on the fuel. Leisure travel abroad by Bulgarians fell almost 90% in January, compared with the same month a year ago, as the government froze salaries and companies laid off workers.