Yesterday, Greece was the centre of attention for its violent protests, and now Spain's back in the spotlight on very much the same issue: the country's ailing economy. For the second night, people headed out onto the streets of Madrid to show their anger over the budget cuts being imposed on them by their government. Cuts, which are needed to try and prevent the need for the country to be bailed out with EU money. The Spanish banking sector has already had a massive 20bn euro injection of funding to stop it from collapse.
Last night, the cry from people, struggling to cope with existing tax hikes and spending cuts, was even stronger. Riot police used tear gas and fired rubber bullets to break up crowds of a few hundred people outside parliament. And earlier that afternoon, two thousand or so people allied to a collective of Spanish democratic organisations - calling themselves the "Indignados" (meaning 'the outraged') - had tried to storm the government building, while a meeting went on to finalising the next round of austerity measures.
Prime Minister, Mariano Rajoy, will reveal more detail later, but it's thought he will say that another 39bn euros (that's around £31bn) worth of savings, tax rises, cuts to pensions and many more structural reforms will be needed. The country's already in a deep recession and has 25% unemployment.
But with Spain's current borrowing costs at dangerously high levels, Rajoy has already warned that if they remain too high for too long, he told the Wall Street Journal "I can assure you 100% that I would ask for this bailout." He'll reveal his 2013 budget to parliament this Saturday, and yes, you've guessed it – more demonstrations are planned.
Written and presented by Marverine Cole.