This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Spain Says 32 Arrested As General Strike Begins

With no end in sight to Europe's economic hardship, workers were trying to take a stand on Wednesday.

"There is a social emergency in the south," said Bernadette Segol, secretary general of the European Trade Union Confederation. "All recognize that the policies carried out now are unfair and not working."

Spain's General Workers' Union said the nationwide strike â¿¿ the second this year â¿¿ was being observed by nearly all workers in the automobile, energy, shipbuilding and construction industries. The country, reeling from austerity measures designed to prevent it from asking for a full-blown international bailout, is mired in recession with 50 percent unemployment among its under-25s.

Ignacio Fernandez Toxo, a CCOO Spanish union leader, called Wednesday's actions "a political strike against the policies of a suicidal and anti-social government."

The Spanish strike shut down most schools, and hospitals operated with skeleton staffs. Health and education have both suffered serious spending cutbacks and increased moves toward privatization.

Frustration spilled into violence when riot police clashed with demonstrators in Madrid and Barcelona. Television images showed protesters hurling rocks and bottles at officers, who clubbed demonstrators to the ground and hauled away others in police vans. At least one police vehicle was torched in Barcelona, and Spanish media showed images of a 13-year-old boy with his head bloodied from a beating by a riot police officer.

In the evening, tens of thousands filled the downtown streets of Madrid, Barcelona, Valencia and other cities, though officials and organizers gave differing turnout figures. The Interior Ministry said there were 35,000 in central Madrid, but unions said there 350,000. In Barcelona, organizers claimed more than 1 million turned out. Authorities there said it was around 50,000.

By early evening, 118 people had been arrested across Spain and 74 people, including 43 police, injured.

In Italy, protests turned violent as well, with some of the tens of thousands of students and workers clashing with riot police in several cities. Dozens of demonstrators were detained and a handful of police were injured, according to Italian news reports.

2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs