Thousands of Spanish protesters have held rallies in the Spanish capital of Madrid to protest at the use of force by country's police officers during an earlier demonstration.

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The protesters accused the authorities of abusing their power after 20 people were injured in clashes with riot police late Thursday during a rally at the interior ministry to protest the closure of the city's Puerta Del Sol Square in Madrid, AFP reported.

Madrid's Puerta Del Sol Square has been the hub of anti-government protests over the country's economic crisis since mid-May.

On Thursday, over 200 police forces were deployed to the square for the third straight day to put an end to the anti-government protests.

Polls indicate that two-thirds of the population in Spain sympathizes with the protest movement in the European country.

On Tuesday, Spain's sovereign debt risk premiums soared to Eurozone record highs, sending ripples into the country's stock markets.

The news has raised fears that Spain, Eurozone's 4th largest economy, may be next in line to eclipse the previous bailouts and further undermine the euro.

So far, Greece, Ireland and Portugal have received bailout packages from the European Union.

The European Commission, however, has rejected the possibility of a debt rescue plan for Spain.

Italy and Spain have been under mounting pressure in recent weeks as markets feel that the size of Eurozone's bailout fund is not sufficient enough to protect larger economies.