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: on the extreme left, the Basque Fatherland and Liberty or ETA and the First of October Antifascist Resistance Group or GRAPO use terrorism to oppose the government; free labor unions (authorized in April 1977); Workers Confederation or CC.OO; the Socialist General Union of Workers or UGT and the smaller independent Workers Syndical Union or USO; business and landowning interests; the Catholic Church; Opus Dei; university students International organization participation: AfDB, AG (observer), AsDB, Australia Group, BIS, CCC, CE, CERN, EBRD, ECE, ECLAC, EIB, ESA, EU, FAO, G- 8, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM (observer), ISO, ITU, LAIA (observer), MTCR, NACC, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OSCE, PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIBH, UNU, UPU, WCL, WEU, WHO, WIPO, WMO, WToO, WTrO, ZC Diplomatic representation in the US: chief of mission: Ambassador Antonio de OYARZABAL MARCHESI chancery : 2375 Pennsylvania Avenue NW, Washington, DC 20037 telephone: [1] (202) 452-0100, 728-2340 FAX: [1] (202) 833-5670 consulate(s) general: Boston, Chicago, Houston, Los Angeles, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico) Diplomatic representation from the US: chief of mission: Ambassador Richard N. GARDNER embassy: Serrano 75, 28006 Madrid mailing address : APO AE 09642 telephone: [34] (1) 587-2200 FAX: [34] (1) 587-2303 consulate(s) general: Barcelona Flag description: three horizontal bands of red (top), yellow (double width), and red with the national coat of arms on the hoist side of the yellow band; the coat of arms includes the royal seal framed by the Pillars of Hercules, which are the two promontories (Gibraltar and Ceuta) on either side of the eastern end of the Strait of Gibraltar Economy Economy - overview: Spain's mixed capitalist economy supports a GDP three-fourths that of the four leading West European economies. Its center-right government has staked much on gaining admission to the first group of countries to implement the European single currency by developing an austere 1997 budget - including a wage freeze for public-sector employees - in hopes of meeting the Maastricht monetary convergence criteria. The government slashed spending by $1.6 billion in mid-1996 to ensure that Spain's deficit did not exceed its target of 4.4% of GDP for the year; the gov
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