Saturday, January 11, 2020

#SPAIN: Left Coalition Wants To Roll Back Competitive Economic Reforms Of Previous Gov't

[world politics news]


Without a majority in Parliament, Spain's new left-wing coalition faces a struggle to deliver on its promise to unpick a landmark 2012 labor reform that drove wages lower and made it easier for companies to shed workers.

The Socialists led by Pedro Sanchez and the hard-left Unidas Podemos have committed, in a 50-page government agreement, to undo some significant reforms carried out by conservative leader Mariano Rajoy under a 2012 deal with eurozone partners in return for a financial bailout.

Pictured: Podemos Party Leader Pablo Iglesias, left, and Socialist Party Leader Pedro Sanchez

[FULL STORY HERE]

World Politics News is dedicated to raising Americans' knowledge of political events, elections, and legislation throughout the world.

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