In spain, an estimated half a million people took part in a march on Thursday (6 October) through the streets of Madrid to protest against the inflation rate of 30 per cent a year.
In spain, an estimated half a million people took part in a march on Thursday (6 October) through the streets of Madrid to protest against the inflation rate of 30 per cent a year. The march was organised by trade unions opposed to government proposals for using wage restraints to combat inflation.
SYNOPSIS: The marchers were led by the head of the union-backed Workers' Commissions, Marcelino Camacho, and they chanted slogans such as "Bread, work and freedom" and "long live the fight of the working classes". Their protest underlined government concern over the increase in public disorder and the country's economic decline since last June's general elections. There's also been a strong reaction from the armed forces and conservative industrialists. The newspaper Informaciones reported that the vice premier for defence, Lieutenant General Manuel Gutierrez Mellado, had issued a circular to the armed forces calling for unity, discipline and political neutrality.
Labour unions have been strongly opposing a blueprint completed by the vice premier for economic affairs calling for wage restraints. The unions have argued that they have not yet recovered purchasing power lost when the peseta was devalued by 20 per cent in July. Leaders of the opposition political parties have accepted an invitation from Prime Minister Adolfo Suarez to negotiate a plan to halt inflation. Socialist and Communist party leaders were expected to attend the talks this weekend (8-9 October) designed to avoid long and bitter debates in Parliament. Premier Suarez was hoping that the plan would see Spain through its economic and political troubles until the passage of a new constitution.