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 Now A Vast Political Espionage Scandal To Top Off The Sordid Corruption Scandal In Spain

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Now A Vast Political Espionage Scandal To Top Off The Sordid Corruption Scandal In Spain Vide
PostSubject: Now A Vast Political Espionage Scandal To Top Off The Sordid Corruption Scandal In Spain   Now A Vast Political Espionage Scandal To Top Off The Sordid Corruption Scandal In Spain Icon_minitimeSun Feb 17, 2013 7:03 pm
Spain just can’t catch a break—a horrid economy with dizzying unemployment, collapsing banks, a prime minister and ruling party tarred by corruption…. Now a political espionage scandal blew up, scattering debris and money laundering allegations far and wide.

Unemployment in Spain was 26% in December, youth unemployment 55%. GDP last quarter dropped for the fifth month in a row (-0.7%), the steepest decline since the financial crisis. Consumer spending plunged 10% in December from prior year—following a hike in the value-added tax. And the budget deficit target of 6.3% (not counting the billions plowed into bailing out the banks) is skidding out of reach.

This leitmotif is accompanied by an elegantly escalating corruption scandal that broke in early February. A classic cash-for-contracts arrangement, where senior politicians received secret payments from business folks who in return were awarded juicy government contracts.

http://www.testosteronepit.com/home/2013/2/15/now-a-vast-political-espionage-scandal-to-top-off-the-sordid.html
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Now A Vast Political Espionage Scandal To Top Off The Sordid Corruption Scandal In Spain

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