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Healthcare gets biggest budget cuts for next year; industry gets greatest extra funds
01 October 2013 @ 00:54

SPAIN'S health service is seeing the biggest cuts ever in next year's budget with a reduction of 35.6 per cent.

Although the State budget for 2014 shows increases in most areas, once Social Security contributions, taxes and other dues paid by the workforce in the public and private sector, and taxes paid by the electricity sector, the actual spending by the State next year has fallen by 4.7 per cent.

The health service reduction of 35.6 per cent is the highest cut of all, whilst the ministry of industry has seen the highest increase in funding, at 31.6 per cent.

It will get just 1.9 billion euros, of which once taxpayers' contributions are deducted, reduces to just under 378 million.

Read more at thinkSPAIN.com



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