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"squeeze pressure" in Spanish

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"squeeze pressure" in English
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Context examples for "squeeze pressure" in Spanish(!) These sentences come from external sources & may not be accurate. Therefore, we are not responsible for their content.
The European Central Bank pioneered the pressure to squeeze wages, to reduce social spending and to change the insurance system for the benefit of private capital.
El Banco Central Europeo fue uno de los primeros en presionar para que se redujeran los salarios, se recortara el gasto social y se modificara el sistema de seguros en beneficio del capital privado.