Spanish Unemployment to Swell as Public Jobs Vanish: Euro Credit

Jerez de La Frontera, a Spanish town of 214,000 in southern Andalusia, is negotiating with unions to fire 13 percent of the 2,000 government workers who absorb 80 percent of its budget. “It’s not easy because these are people and families,” said deputy mayor Antonio Saldana.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.