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Parliament braced for protesters in Madrid

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Parliament braced for protesters in Madrid
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Hundreds of indignados, calling themselves the 25s group marched on Parliament in Madrid angry at how the government is managing the country’s faltering finances.

Riot police were prepared for the marchers as an estimated force of around a thousand ringed the parliament with barriers to prevent access from different angles. Identity cards for those needing to pass through the barriers were checked rigorously.

There were no plans, the demonstrators said to storm the chamber but just to walk round the building. There has been, they said a kidnapping of Spain’s popular sovereignty by the Troika and the markets.

“We only want to liberate parliament because we are in a democracy where they – the political class – in conjunction with the economic powers, bankers, investors funds- have hijacked our democracy,” said one protester.

The demo comes days before the announcement of another round of cuts and there remain fears Spain may be forced to apply for a bailout.

Thursday’s budget will be Prime Minister Mariano Rajoy’s second since he came to power in December.

Analysts believe the conservative government is looking at cuts in areas like inflation-linked pensions and, “green taxes” on emissions.