Fitch Ratings has cut Spain’s credit rating, saying its government’s efforts to reduce debt would weigh down economic growth.

The Spanish government defiantly ruled out calling early elections today despite having almost no parliamentary support for spending cuts designed to combat the country’s debt crisis.

The Spanish government today approved a plan to ease its abortion law and allow the procedure without restrictions up to 14 weeks of pregnancy, pressing ahead with a sweeping social reform agenda that has irked conservatives and the Catholic church.

Spain’s government defended a plan to fight soaring unemployment by shutting the door on foreign workers, fending off criticism that the idea is mean-spirited and futile.

The Spanish government today approved an aid package for the Canary Islands, where thousands of houses were damaged earlier this week by Tropical Storm Delta.