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La Vanguardia - España | Jueves, 23. Febrero 2012

Spanish as poor as Romanians and Latvians

The Spanish charity organisation Caritas on Wednesday published a report describing a dramatic rise in poverty in the country. Around a fifth of the Spanish population lives below the poverty line and a further quarter runs the danger of sinking below it. The austerity policy could cost Spain a lot of money, warns the daily newspaper La Vanguardia: "The Caritas report on rising poverty in Spain and the growing gap between rich and poor is as devastating as it is predictable after four years of deep crisis in which unemployment has climbed to 23 percent. … Spain is already one of the countries with the highest levels of poverty in Europe, together with Romania and Latvia. … Social benefits and investments for those hardest hit by the crisis have been cut because Spain needs to balance its budget. But these cutbacks could have undesirable repercussions for Spanish society which prove to be much more costly in the long term."

» de toda la revista de prensa del Jueves, 23. Febrero 2012

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