Three Quarters of Spanish Think Austerity Will Fail, Mundo Says

Almost three quarters of Spaniards believe that billions of euros of austerity measures enacted by the ruling People´s Party won’t help the country recover from the economic crisis, El Mundo reported, citing a survey by Sigma Dos.

The poll showed 73 percent of respondents expect austerity measures to fail to bring a recovery in the economy and almost 82 percent said the government of Prime Minister Mariano Rajoy has failed to fulfill its electoral program, the newspaper reported. The survey carried out between July 17 and 19 polled 1,000 citizens and has a margin of error of 3.2 percent, El Mundo said.

To contact the reporter on this story: Sharon Smyth in Madrid at ssmyth2@bloomberg.net

To contact the editor responsible for this story: Andrew Blackman at ablackman@bloomberg.net

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