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Austerity contrariety: Madrid boils over


Hundreds of protesters have converged on Madrid to raise their voices against record unemployment and deeper social spending cuts as Brussels continues to push more austerity on Spain in return for bailing out its banking sector.

Many of the unemployed protesters arrived in the Spanish capital on foot, having walked hundreds of kilometers. They claim to be gathering in Madrid’s Puerta del Sol Square to fight for their future and the future of their children – all of which they fear will be stolen by more austerity. Almost one out of four is unemployed in modern-day Spain.
Protesters blame the government of Prime Minister Mariano Rajoy for his poor handling of the economic crisis. They say the government has found the funds to bail out Spain's banking sector that created the crisis, but is unable to help those citizens being crushed under a debt burden they have dubbed “modern slavery”.

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