DV Spain Protest (VO)
Thousands of Spaniards took to the streets of Madrid on Saturday to protest enduring deep economic pain from austerity cuts. Protests turned violent during the evening when protesters hurled stones towards police
Story No.: 829855
Date: 09/29/2012 09:59 AM
1. Pan across protesters to police vehicles in Neptuno Square
2. Mid of police vans and litter on ground
3. Pan across police and chanting protesters
4. Mid of protester holding a "No" banner and chanting: (Spanish) "The police has just two options: join the people or become the enemy"
5. Close-up of two protesters holding flowers against police van window, chanting
6. Wide of police officers protecting themselves from rocks being thrown by protesters
7. Wide of demonstrators filling street
8. Tracking shot of police officers moving towards demonstrators in square
9. Close-up of demonstrator lying on the ground after allegedly being hit by police
10. Mid of police pushing back demonstrators, people crouched on ground
Thousands of Spaniards took to the streets of Madrid on Saturday to protest enduring deep economic pain from austerity cuts.
Demonstrators approached parliament for the third time this week to vent their anger against tax hikes, government spending cuts and the highest unemployment rate among the 17 nations that use the euro currency.
The boisterous crowds in the Spanish capital let off ear-splitting whistles near parliament and yelled "Fire them, fire them!" - referring to the conservative government of Prime Minister Mariano Rajoy.
Protests turned violent during the evening when protesters hurled stones towards police.
At least one person was injured.
The protests near Spain's parliament turned violent on Tuesday and Wednesday nights as well, when protesters clashed with riot police, who barricaded entry to the streets surrounding government buildings.
Dozens of people were arrested and injured.
On Friday, Rajoy's administration presented a 2013 draft budget that will cut overall spending by 40 (b) billion euros (51.7 (b) billion US Dollars), freezing the salaries of public workers, cutting spending for unemployment benefits and even reducing spending for Spain's royal family next year by 4 percent.
Rajoy has an absolute majority and has pushed through waves of austerity measures over the last nine months - trying to prevent Spain from being forced into the same kind of bailouts taken by Portugal, Ireland and Greece.
Investors worried about Spain's economic viability have forced up the interest rate they are willing to pay to buy Spanish bonds.
The country's banks hurting from a property boom that went bust are set to get help soon from a 100 (b) billion Euro (129 (b) billion US Dollars) financial lifeline from the eurozone, and Rajoy is pondering whether to ask for help from the ECB to buy Spanish bonds.
Finance Minister Cristobal Montoro said on Saturday that the budget cuts for next year were necessary to ease market tensions and try to bring down high interest rates Spain must pay to get investors to buy its bonds.
|Subjects:||Protests and demonstrations , National budgets , Government budgets , Government spending , Economy , Government and politics , Legislature , Political and civil unrest , General news , Government finance , Government business and finance , Business , Government business and finance , National budgets , National governments , Fiscal policy , Economic policy , Economic policy , Economic policy , Government policy|
|Locations:||Madrid , Spain , Western Europe , Europe|