Spanish lawmakers vote 233-3 to approve constitutional amendment to force government to keep future deficits low to prevent need for bailouts

Cindy Allen

Cindy Allen

Sep 8, 2011 – Associated Press

MADRID , September 8, 2011 () – Spanish lawmakers have overwhelmingly approved a constitutional amendment to force the government to keep future deficits very low in a move to head off a bailout.

The Senate voted 233-3 in favor, brushing off opposition by extreme leftist parties that abstained and labor unions that held protests in opposition to the amendment sought by investors to maintain confidence in the eurozone's fourth largest economy.

The vote Wednesday night means that the amendment is almost certainly headed for approval. Spain's lower house had already approved the measure proposed by Prime Minister Jose Luis Rodriguez Zapatero.

It appears unlikely that opponents will get enough votes from lawmakers to force a national referendum on the amendment.

© 2021 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.