Thursday, November 3, 2011

Spain conservatives stress jobs in electoral plan (AP)

MADRID ? Conservatives widely expected to win Spain's upcoming general election are promising tax cuts for businesses and other economic stimulus measures as the country struggles with a 21.5 joblessness rate.

But they elude any specifics on what this will cost and how Spain will meet deficit-reduction targets.

The Popular Party released its 214-page program on its website Tuesday, a day after its executive committee approved it during a meeting at which newspapers said there were members who had not even seen the whole document.

Party leader Mariano Rajoy is expected to win a landslide majority in the Nov. 20 election. He would inherit an economy that reportedly posted zero growth in the third quarter, amid many other woes.

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/ap/20111101/ap_on_re_eu/eu_spain_elections

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