Quick reform in Spanish sights

MARIANO Rajoy, leader of the People’s Party which is expected to win next Sunday’s Spanish general election, has called for swift labour market and fiscal reforms to be implemented.

He aims to pass a budget stability law to build on September’s constitutional ammendment which limits the public deficit and debt, aimed at instilling investor confidence.

By the summer, “the 2012 budget should be approved, the restructuring of the financial sector should be in its final stages and the labour market reform should be approved,” he said yesterday.