“Spanish anti-austerity party Podemos backtracked on a pledge to restructure the country’s public debt, saying it may not be needed. ‘In Spain, putting an end to austerity doesn’t imply a unilateral debt restructuring — it’s not necessary,’ Nacho Alvarez, head of economic policy for Podemos, told reporters in Madrid. Instead, the party is looking at private debt relief, including a possible restructuring of household mortgage debt, he said. Podemos’s leader Pablo Iglesias previously highlighted the need to restructure Spain’s 1.1 trillion euros ($1.21 trillion) of debt, matching rhetoric from his allies in Greece’s Syriza party as he primes his new party to fight elections later this year.”
Related posts:
Assistant U.S. attorney's Facebook posts probed
Lindsey Graham Vows: "I’m Gonna Call a Drone and We Will Kill You"
BRICS emerging economies to expand co-operation on internet & security
Liquidity drought could spark market bloodbath, warns IIF
Human rights court blocks extradition of U.K.-based terror suspect to U.S.
NYC's Bloomberg led the way on trans fats ban
World anti-doping agency wants a larger budget from national governments
The Dark Side of Liberation: Rape By American Soldiers In WWII France
Arkansas Attorney General Won’t Let School Arm Teachers
‘How to Make Money Selling Drugs’
India arrests man caught smuggling gold bars in cellphone
Walmart may cancel three planned D.C. stores over 'livable wage' act
Army sexual assault prevention officer arrested for stalking ex-wife
Bank of America intern's death puts banks' working culture in spotlight
Second NM driver gets cavity searched after stop for failure to signal