20.05.2011 - 10:41 [ Bloomberg ]

Zapatero’s Socialists Head for Local Vote Defeat as Spain Protesters March

Support for the Socialists has flagged as Zapatero turned his back on traditional allies to push through wage reductions and spending cuts to fight the sovereign-debt crisis. The run-up to the vote, a year before polls to choose Zapatero’s successor, has seen demonstrations against budget cuts, bank bailouts and a 30-year-old democracy that protesters say safeguards entrenched interests.