Austerity PROTEST in Spain: TAX hike and PAINFUL pension change
Austerity PROTEST in Spain: TAX hike and PAINFUL pension change A slew of new cuts have led to a fresh eruption of public anger and protest in Spain. But rallies quickly turned violent - when police charged and beat demonstrators while firing rubber bullets. More than 70 people were injured in the clashes. The austerity cuts driving the trouble include tax hikes, and the promise of painful pension changes. But the protesters say they're being made to pay for the mistakes of politicians and bankers. The measures were demanded by Spain's EU creditors - who've pledged Madrid a vital bailout for crippled Spanish banks. RT's Anissa Naouai talks to Gonzalo Lira, founder of the LiraSPG.com crisis planning organization. Tags Rally rumble austerity protests police rubber bullets batons crisis bankers benefits Spanish government Germany economic pensions accounting problem money tax debt bankrupt social safety resistance mistake world Politian Politic financial interest banking system public Madrid power EU US Italy France Spain protecting richest people peace violent Extremism grow banksters confront bailout pension tax hike painful change 2012 news reports media power trend trends RTGlobalReport
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