The Associated Press: Spain government inches closer to budget support: "Spain's government has reached a deal with a small opposition party that will help it pass a 2011 budget that is key to getting the deficit down, reassuring markets worried over the country's finances and its survival in power.
The ruling Socialist party leads a minority government that relies on support from opposition parties on a case-by-case basis to get laws passed. The government has become even more isolated of late as parties criticize its handling of Spain's economic crisis, marked by a 20 percent jobless rate and listless growth after nearly two years of recession.
Failure to pass a budget would be unprecedented and presumably force Prime Minister Jose Luis Rodriguez Zapatero to call early elections.
The ruling party's spokesman in Parliament, Jose Antonio Alonso, announced Wednesday night a deal with the small Basque Nationalist Party that will probably guarantee its support for the budget. The Basque party's leader, Inigo Urkullo confirmed the deal and said his party has 'a lot of interest in the economic stability of Spain.'
But the budget is not a done deal yet."
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