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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Asia Pacific World Spain's economic crisis 'hits summer festivals' AFP - Monday, August 9 Send IM Story Print Spain's economic crisis 'hits summer festivals' MADRID (AFP) - – Spain's economic crisis has forced authorities to cut back on traditional summer festivals, employing disc jockeys instead of live performers and cancelling fireworks displays, a news report said Sunday. "We've noticed a big slowdown. In the last two summers, the budgets for major festivals has fallen an average of 40 percent," Albert Mas, the vice president of a festival promotor in the northeastern region of Cataluna, told the Catalan newspaper El Periodico. "And what is worse, the outlook for next year is not good, because municipalities are banned from going into debt." El Periodico said more than 300 towns in Cataluna are holding major festivals, or fiestas, which attract thousands of tourists and normally include musical performances, dancing and parades. But austerity measures mean some have canceled fireworks displays and concerts or are using disc jockeys instead of live performers and are being forced to renegotiate contracts to lower costs. "We have dispensed with the traditional fireworks finale and we have cut festival musical performances, with a programme in which there is a bit of everything for everybody," said the mayor of the Catalan town of Castello d'Empuries. But he said residents not only understand the new austerity measures but "are the first to ask us to save." In June, Spain's powerful regional governments agreed to tighter deficit limits for the next three years as part of tough austerity measures approved by the Socialist government to rein in the country's massive public deficit. The Spanish economy, Europe's fifth largest, fell into its worst recession in decades at the end of 2008 due to the collapse of a property boom which had long fuelled growth. Spain inched out of recession during the first quarter when the economy expanded by 0.1 percent from the previous quarter. Recommend Send IM Story Print Related Articles Spain's economic crisis 'hits summer festivals' AFP - Monday, August 9 Robbie Williams 'marries US actress' AFP - Monday, August 9 US-ENTERTAINMENT Summary Reuters - Sunday, August 8 Zsa Zsa Gabor's hospital release delayed Reuters - Sunday, August 8 Kazakhstan plans homegrown 'Borat' sequel: report AFP - Sunday, August 8 News Search Top Stories Putin sows controversy with Russia grain ban Third spacewalk needed to fix station cooling system: NASA Extra spacewalk likely after station repairs fall short: NASA Sauna contest in Finland cut short as Russian dies Massive ice island breaks off Greenland glacier More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Massive ice island breaks off Greenland glacier 'Radioactive boars' on loose in Germany Sauna contest in Finland cut short as Russian dies Putin sows controversy with Russia grain ban Climate change sparks 'quickest evolution ever' More Most Viewed » Parachuting donkey shocks Russian beachgoers Argentine students crack three-decade-old murder mystery 40 US billionaires pledge half wealth to charity World's first full face transplant man appears on TV Calcium supplements linked to heart attacks: study More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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