Spain, whose economy – the fourth largest in the eurozone – is staggering under a burden of debt, is preparing for further austerity measures after its finance minister revealed that the 2011 budget deficit was substantially higher than expected. The deficit came to 8.51% of GDP – far higher than the European Commission’s own forecast of 6.5%. Brussels will now effectively dictate the 2012 budget ceiling which Spain will announce on...
'Hatchet' Gerard Kavanagh shot dead in Costa del Sol pub
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Gerard Kavanagh was shot dead in a bar on the Costa del Sol Notorious
gangster Gerard “Hatchet” Kavanagh was gunned down by two masked assassins
yesterda...