Jobless Spaniards protest as crisis outlook darkens

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BusinessInquirer.net
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Protesters demonstrate against the country’s near-25 percent unemployment rate and stinging austerity measures introduced by the government, in Madrid, Spain, Saturday, July 21, 2012. AP PHOTO/ANDRES KUDACKI

MADRID—Thousands of jobless Spaniards marched through Madrid Saturday in the latest angry demonstrations against economic crisis cuts, as fears rose for the country’s financial stability.

Young people thrown out of work by the recession converged on the capital, many of them having hiked hundreds of miles from around Spain, and walked through the city’s central avenues, waving banners and whistling.

“Hands up, this is a robbery!” they yelled, their regular refrain over recent days of protests.

“Everyone get up and fight!”

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