Spain aims to balance austerity and growth, officials say

04/26/2013 | Reuters

Spanish Prime Minister Mariano Rajoy is set to unveil an economic plan that tries for a compromise of austerity and growth, government officials say. "The plan will be a specific, comprehensive and credible set of structural reforms, rather than spending cuts for the sake of spending cuts," a government source said. The move comes amid a heated debate among European leaders about whether continuing harsh austerity will do more harm than good.

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