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Spain holds first general strike in 14 years amid rising housing and living costs

CNBC · ·by G4L

  1. 1Millions of Spanish workers are gathering on Wednesday for the first general strike in 14 years.
  2. 2Spanish banks report a current shortage of 750,000 homes, with the projected shortage expected to reach 1 million in the next two years.
  3. 3Prime Minister Pedro Sanchez has called for an election on November 29.

So what's the key point?

Spanish workers are staging a large-scale strike for the first time in 14 years due to concerns over housing and living costs. The situation in Spain has become complex with a housing shortage and an upcoming election.

Source CNBC · View original ↗

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