The United Nations Development Programme (UNDP), one of the largest U.N. agencies with an estimated average annual budget of more than five billion dollars, is undergoing major structural changes - triggering large-scale staff layoffs, demotions, salary reductions and downgrading and abolition of existing senior-level jobs.
"That's where I sleep," says Fernando, indicating a puddled area under a bridge. A 62-year-old Portuguese citizen, he has lived in Spain for 15 years, and he is part of the growing number of homeless people in this country wracked by a merciless economic and financial crisis.