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July 15th, 2012 
FAKE NEWS for the Zionist agenda Previous Post: US knew of Lloyds’ role in Libor scandal nbsp
Spain reforms to raise 56.4 billion euros
Reuters – The Spanish government’s most recent reforms will slash 56.4 billion euros ($69 billion) from the public deficit in the next two and a half years, an official document showed on Saturday, leaving a gap to be filled by taxes on energy. Spanish Prime Minister Mariano Rajoy pledged 65 billion euros of savings from tax hikes and spending cuts on Wednesday in a painful package aimed at convincing the EU and investors his government is serious about reform. The 8.6 billion euro shortfall will be covered by other measures such as new energy and environmental taxes, according to a document for international investors posted on the Economy Ministry website. Read article
Tags: 2nd Great Depression, banks, debt wealth, Europe, financial system
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