Madrid
After four days of daily protests, some violently dispersed, Spain is bracing for a cycle of social unrest against the harshest austerity measures in decades. At stake is not only Spain’s economic recovery, but that of the European Union.
Prime Minister Mariano Rajoy, of the conservative Popular Party, pled yesterday for calm and sacrifice after hundreds of thousands marched against his labor reform on Feb. 19. He insisted he has no intention of backtracking on steep budget cuts that have only begun to be introduced. Even on the campaign trail, Rajoy warned of pain to come – and his party was still elected.
But while Spanish and European authorities say budget cuts are necessary, experts warn the Spanish measures could be too much, too fast. A population already on edge could be galvanized to action. Social instability in a country the size of Spain, especially in rejection of European Union-imposed policies, could spread to other countries in the eurozone facing angry publics.
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