Share this on:
 E-mail
48
VIEWS
0
COMMENTS
 
SHARES
About this iReport
  • Not verified by CNN

  • Click to view modestoam's profile
    Posted May 23, 2012 by
    modestoam
    Location
    spain
    Assignment
    Assignment
    This iReport is part of an assignment:
    Occupy Wall Street

    modestoam and 14 other iReporters contributed to Open Story: Occupy Wall Street protests
    More from modestoam

    Thousands protest education cuts as Spain enacts austerity measures

     

    Thousands of Spanish Teachers and students took to the streets Tuesday in protest of Spains austerity measures that would leave 100,000 subsitute teachers out of work. The Spanish government is saying that these cuts are necessary in order to quell the Eurozone debt that has grown to 16% of its GDP.

     

    The central government of Spain ordered 14 billion euros worth of cuts to education cuts for the remainder of the year as part of a tough plan to trim the deficit and bring down spending. The European union collectively agreed to a total of 5.3% in GDP spending and Spain will not be the only country to cut from education, infrastructure, and social programs.

     

    The austerity measures come at a time when the European governments need to reassure investors that everything is under control. Investors in Europe are leaving in droves and going to more stable, growing asian markets like China and India where demand for goods are going up and there are less regulations.

     


    All Photos are courtesy of Jeanne van den Hurk. Who is currently in Spain.

    What do you think of this story?

    Select one of the options below. Your feedback will help tell CNN producers what to do with this iReport. If you'd like, you can explain your choice in the comments below.
    Be and editor! Choose an option below:
      Awesome! Put this on TV! Almost! Needs work. This submission violates iReport's community guidelines.

    Comments

    Log in to comment

    iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.

    Add your Story Add your Story