World News Insights
1-3 Minute Gist

All Topics Article

Leader Vows to Update Spain’s Economy, With Labor Rights Intact

New York Times Original article ›

Keywords:

LyrArc Article Gist
In an hour long interview at the Moncloa palace in Madrid, Zapatero, Spain's prime minister, talks to NYT reporters Rachel Donadio and Victoria Burnett. He is standing firm when it comes to protecting labor rights and upholding th social welfare state. Zapatero says "my goal is to make this an innovative, creative, entrepreneurial country while upholding the social welfare state." He sees the need for government to invest in the economic crisis facing Europe and America. And he sees opportunities for Spain to create jobs and growth in sectors like renewable energy, biotechnology, civil engineering and high-speed railroads. About 4 million immigrants entered the country during the years of 3.8% growth from 1997 to 2007. Four million people are now unemployed, and the burden of unemployment has fallen hardest in construction and on immigrants and younger workers. The government has expanded unemployment benefits coverage and about half of the unemployed 4 million receive benefits. Zapatero's government turned down an effort by business leaders to roll back the payment to laid off workers from 30-45 days for each year worked to 20 days.

Spain's economy under the Zapatero administration.

08/01/2009

Unemployment, and the efforts to create jobs in other sectors, as well as keeping the gains of the social welfare state.

Grouped Articles

The zapping of Zapatero

Economist 02/11/2010

Spanish politics: Zapatero's endgame

Economist 10/23/2010

Leader Vows to Update Spain’s Economy, With Labor Rights Intact

New York Times 08/01/2009

Moody's Questions Spanish Banks

Wall Street Journal 10/14/2009

In Spain, a Soaring Jobless Rate for Young Workers

New York Times 01/01/2010

Spain is simply shifting the problem

Wall Street Journal 05/14/2010


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us