Spain prepares for more austerity as 2013 budget announced

Spain is set for further austerity as the government announces its 2013 budget on Thursday.<br /><br />Prime Mininster Mariano Rajoy is expected to freeze public sector wages for a third year and possibly cut early retirement to secure 39 billion euros in additional savings.<br /><br />...<br />http://www.euronews.net/