Spain Papers Review - Wednesday October 1 2008

Spain Papers Review - Wednesday October 1 2008
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By h.b. - Oct 1, 2008 - 9:49 AM

Today's El Mundo front page.

The new State budgets for 2009 and the ongoing financial crisis dominate the papers today.

El Mundo headlines that Zapatero has rewarded the regions controlled by the Socialists and penalised those run by the P.P.
The paper says that public investment in Cataluña increases by the same amount as it falls in Madrid. The exceptions are Castilla y León where a false imperative of a new statute is made, and in Navarra where the unity between the PP-UPN is wanted to be broken by the government.
El País says that the increase in unemployment, and the payments which will have to be made, has punished the most austere of budgets. The paper notes that health, culture and defence are the portfolios to be hit the hardest financially next year.

El País leads with the financial crisis with the headline that Europe puts up defences to face the crisis. The paper notes that Brussels is demanding the United States takes the responsibility for stopping the crisis.
The paper says that Ireland is guaranteeing bank deposits for two years, the UK has increased the minimum amount guaranteed for savers (surely that should read maximum), and that France and Belgium have rescued the Dexia bank.
ABC reports that President Bush has said that if his rescue package is not approved, it will be painful and lasting. It also reports that Pedro Solbes here has been trying to calm the Spanish population by saying that their savings are in no danger.
Público considers that there is a world offensive underway to calm savers. The paper prints ‘don’t panic’ in English, ‘calma!’ in Spanish and the same advice in several other languages all over the front page today.

There is some agreement between Government and opposition reported in El Mundo today. Both the Minister for Tax and the Economy, Pedro Solbes, and Mariano Rajoy, the leader of the opposition, have agreed that bank deposits in Spain are not in danger.

El Mundo has a front page photo of the 30m Cayuco boat carrying 230 immigrants to the Canaries- after four days at sea. It’s the largest number of travellers ever seen in a single immigrant vessel.
El País has a photo of the immigrants once disembarked on Tenerife.

ABC leads with the headline that the so-called ‘Parot doctrine’ will stop a further 20 ETA terrorists from being released from prison in 2009.

El Mundo tells us that the Spanish Minister for Defence, Carme Chacón, has accused the United States of undermining the work of international troops in Afghanistan.

El Mundo reports on the story from Barcelona were two health workers are accused of abusing a young girl in a coma, in an ambulance.

El Mundo yesterday reported that the negligence of National Court judge, Baltasar Garzón led to the release of two dangerous Turkish drug runners. Today the paper tells us that the judge has admitted his error, but played down the importance of the two men.

And finally,
ABC says that the prosecutor has been investigating whether the Russian mafia in Spain paid for the result of the UEFA cup final. Phone taps in the case indicate the mention of 20-40 millions being paid.

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