Spanish People's leader, Mariano Rajoy, described Monday in the investiture speech or his government will be lines to remove Spain from the crisis.
After describing the pitiful state of the Spanish economy, marked by a 23% unemployment, with 5.4 million unemployed and a generation that is likely to remain outside the labor market, Rajoy said that it takes a concerted effort by all Spaniards to come through.
For this, the new prime minister promised to "thin" administration will reward youth employment, will reform the banking system and budget cuts will be drastic.
Austerity will be the first gift in 2012 for the Spanish have to save 16.5 billion euro deficit ceiling to reach 4.4 percent of GDP imposed by the European Commission.
"Next year will be to reduce our deficit by 16.5 billion, which represents the difference between revenues and expenditures in the public administration. It is our goal and commitment," said Mariano Rajoy before the Spanish parliament.
Beyond that, Mariano Rajoy has given signs that he wants to change all or almost all of which have left Jose Luis Rodriguez Zapatero's Socialists.
In his first speech after winning elections and not to translate too much, Rajoy announced changes in the financial sector, intensive control of public spending, tax incentives for companies and state budget cuts.
In short, it will make budget cuts in administration, companies will only pay VAT once collected bills, the number of holidays will be reduced, the banking system will be reformed justice must become more efficient, and pensions will increase depending on level of inflation. These are some of Mariano Rajoy's proposals, which offered very few concrete details about the reforms that prepare them, but says he feels obliged to tell the truth "if only".
Behind this strategy but opposition sees only drastic cuts in terms of subsidies and public health services and education.
