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By h.b. - Jun 24, 2008 - 7:35 AM
• Spain Business Brief - Friday October 10 2008 - Oct 10, 2008 - 1:36 PM
• IBEX 35 falls below the 10,000 level - Oct 10, 2008 - 6:30 AM
The Spanish Prime Minister, José Luis Rodríguez Zapatero - Photo EFE
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The Prime Minister, José Luis Rodríguez Zapatero, had to correct the number which he had got wrong in a radio interview yesterday morning.
The Prime Minister, José Luis Rodríguez Zapatero, has confirmed that there will be 70% fewer public sector jobs on offer next year compared to this. He admits that he made a mistake when earlier yesterday he spoke of a 30% reduction.
It means a reduction from 35,900 new places to about 10,770, with Zapatero saying that the new jobs would be dedicated to ‘essential public services, including security, justice and work inspectors’.
The reduction of 70% next year follows an 8% increase in public service jobs this year compared to last.
The Prime Minister also confirmed that the Spanish economy is now expected to grow less than 2% this year, and made a call for austerity where possible.
He also confirmed that top salaries in the public sector are to be frozen and announced more credit for Pymes small businesses and for assisted VPO housing worth 35 billion. There will also be credits for the renovation of tourist buildings worth 2,500 million a year. Airport manager AENA is to be partially privatised.
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Blink
• Spain Business Brief - Friday October 10 2008 - Oct 10, 2008 - 1:36 PM
• IBEX 35 falls below the 10,000 level - Oct 10, 2008 - 6:30 AM
• Spain Business Brief - Thursday October 9 2008 - Oct 9, 2008 - 12:59 PM
• Pedro Solbes says that emergency bank fund will not cost the taxpayer in Spain - Oct 9, 2008 - 8:40 AM
• Spain Business Brief - Wednesday October 8 2008 - Oct 8, 2008 - 1:02 PM
• Barcelona and Madrid in the top ten cities for business - Oct 8, 2008 - 7:50 AM
• Zapatero announces savings bank guarantee of 100,000 Euros - Oct 8, 2008 - 6:17 AM
• Spain Business Brief - Tuesday October 7 2008 - Oct 7, 2008 - 1:19 PM
• Spanish Prime Minister meets with the country's bankers - Oct 7, 2008 - 6:39 AM
• Spain Business Brief - Monday October 6 2008 - Oct 6, 2008 - 1:12 PM
• Spain considers how to bring the 500 Euro notes into the banks - Oct 6, 2008 - 6:45 AM
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