spain\s leader sees jobs growth in 2014
Last Updated : GMT 00:21:44
Arab Today, arab today
Arab Today, arab today

Spain\'s leader sees jobs growth in 2014

Arab Today, arab today

Arab Today, arab today Spain\'s leader sees jobs growth in 2014

Madrid - AFP

Spain\'s recession-battered economy will grow and create jobs in 2014, Prime Minister Mariano Rajoy predicted in an interview published Monday. The Spanish leader told the conservative daily El Mundo that he hoped an improving economy would allow him to reverse some painful and unpopular austerity policies, including a rise in income tax. \"I hope next year will be better,\" Rajoy said. \"I am confident -- and all the international organisations and analysts\' reports confirm this -- that 2014 will be a year of economic growth and job creation,\" Rajoy said. The eurozone\'s fourth largest economy fell into recession in mid-2011, less than two years after emerging from the last downturn sparked by a 2008 Spanish property crash and global financial crisis. The government has forecast a 1.5-percent economic slump this year. It expects a further 0.5-percent contraction in 2013, far more optimistic than other forecasts such as those of the OECD which forecasts a 1.4-percent decline. The leader of the right-leaning Popular Party, who took power a year ago promising to create jobs and fix Spain\'s finances, said the economic situation he inherited was worse than he had anticipated, with a bigger-than-expected deficit and a recession. \"My most important priority is to get Spain out of the crisis,\" said the 57-year-old premier, who was chosen by the newspaper as its person of the year. \"As economic activity improves and the government brings in more income, we will change some decisions such as income tax,\" Rajoy said. His government raised the top rate of income tax to 52 percent to help rein in the public deficit shortly after being sworn in. The Spanish leader said he did not regret any economic measures he had taken but he realised they had angered many people. \"We thought things through, I don\'t like to improvise. But I think the income tax rate is high in Spain although I don\'t regret that today.\" Other decisions including not raising pensions by the cost of living and stripping public sector workers of their Christmas bonus, which is equal to one month\'s salary, had been difficult, Rajoy added. \"I think many people understand that reality forces you to take difficult decisions and it is better to take them than not doing so, especially if you want to face the future with some hope.\"

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

spain\s leader sees jobs growth in 2014 spain\s leader sees jobs growth in 2014

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

spain\s leader sees jobs growth in 2014 spain\s leader sees jobs growth in 2014

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Air China suspends flights to North Korea

GMT 10:39 2017 Thursday ,23 November

Air China suspends flights to North Korea
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria opposition meets in Riyadh

GMT 06:23 2017 Thursday ,23 November

Syria opposition meets in Riyadh
Arab Today, arab today Jordanian journalist happy of her career

GMT 17:37 2017 Thursday ,23 November

Jordanian journalist happy of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today Srebrenica women cry tears of joy

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 10:43 2017 Wednesday ,22 November

Cigar-shaped asteroid came

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday