Spain announces budget cuts amid protests
July 12, 2012  01:53

Spain's government has announced sweeping new austerity measures, amid clashes between protesters and police.

Prime Minister Mariano Rajoy said sales tax would rise from 18% to 21%, and local authorities would have their budgets slashed.

The move coincided with a miners' rally in Madrid, where police fired rubber bullets at crowds of protesters.

Read more on BBC!

« Back to LIVE

TOP STORIES