Angry Spaniards March Against Austerity
By: AP with CNBC.com
Pedro Armestre | AFP | Getty Images
Demonstrators take part in a protest against government's health cuts and privatisation plans in Madrid on December 16, 2012.
Protesters packed the streets of central Madrid on Monday evening in a protest against the austerity measures of Mariano Rajoy's government.
The demonstrations were called by the main labor unions and dozens of social groups.
Cutbacks in health, education and pensions as well as labor and financial sector reforms have angered Spaniards and triggered protests by nearly every sector of society in recent years.
The demonstrations are the first coordinated ones since unions staged a partially successful general strike Nov. 14.
Spain, with 25 percent unemployment, is battling to reduce its deficit and emerge from its second recession in three years.
Protesters packed the streets of central Madrid on Monday evening in a protest against the austerity measures of Mariano Rajoy's government.
