Rajoy Sees Case for Slowing EU-Driven Austerity

Spanish Prime Minister Mariano Rajoy said there is a case for easing budget-deficit targets set by the European Union as the recession undermines tax revenue. “I think what a lot of other people think,” Rajoy told the Spanish senate yesterday. “Things could be done more calmly, taking into accou…

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Rajoy Sees Case for Slowing EU-Driven Austerity