Economy
Originally published on Fri May 4, 2012 9:57 am
By editor
After months of punishing austerity measures, some Spaniards want a break and maybe even some stimulus from Europe. But that didn't happen at Thursday's meeting of the governing board of the European Central Bank.
The location of the ECB summit in Barcelona was kept secret, which may indicate how well officials thought they'd be received in the Spanish port city. Thousands of demonstrators flooded the city's streets, as did police, some in plainclothes and masks, with helicopters overhead.
One in four Spaniards is jobless, and the rate is more than 50 percent for youth.
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