Dept Crisis Spain announces cutbacks, tax increases

The measures, including frozen salaries for civil servants and a 9% budget cut for all government departments, are intended to save $50 billion.
Von Lauren Frayer
Police and protesters clash in Madrid as crowds demonstrate against austerity measures announced by the government.

Police and protesters clash in Madrid as crowds demonstrate against austerity measures announced by the government.

Foto: Andres Kudacki/ AP
© Los Angeles Times, 2012