Citizens against Politicians

Thousands of Spaniards massed outside parliament in Madrid Tuesday yelling in anger at government austerity cuts that they say are punishing the poor.

Surrounded by police in fleets of riot vans, the crowd gathered in front of police barriers blocking the road to the Congress where lawmakers were debating the 2013 budget, yelling slogans against cuts and political corruption.Yesterday the Bank of Spain said the economy had contracted by 0.4pc in the third quarter. This was less than expected but may have been distorted by a rush of sales before a rise in VAT last month. “The worst of the contraction is still to come,” said Ricardo Santos from BNP Paribas.

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