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Spain's Government Has to Lead Despite Political Costs: Cospedal

Friday, 3 Aug 2012 | 12:50 AM ET

Last year Castilla- La Mancha had the highest deficit of any of the regions in Spain, the new president Maria Dolores de Cospedal began a process of austerity and reform measures to try and get the economy back in control. Of course this has had a social cost with unemployment rising five percent during that time to above 27%.