Friday, September 19, 2008

Spain to Pay Jobless Immigrants to Go Home

MADRID, Spain (AP) — Spain will pay jobless immigrants to go back home under a decree approved Friday, more dramatic evidence of how a once-booming economy has gone bust. Labor Minister Celestino Corbacho says the measure was approved at a Cabinet meeting under a fast-track procedure and will take effect in about a month. The plan approved Friday applies to non-EU citizens who have been laid off in Spain and are entitled to joblessness benefits. It offers them a lump sum payment of 40% of that money once they renounce their work and residency permits, and the remaining 60% once they get home.

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