Tough Austerity Plan Incites Spanish Protesters

by Lauren Frayer, NPR

Tens of thousands of Spaniards staged angry protests this week against new cutbacks that represent the biggest single dose of austerity in Spain's democratic history. Public employees will suffer pay cuts as part of a nearly $80 billion package of cuts and tax hikes. New austerity measures are the conditions attached to a European bailout for Spanish banks.

Broadcast Dates

• Morning Edition, July 20, 2012