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Tag Results for "Spain Deficit"

Spain Did Not Meet 2012 Deficit Goals EC Assumes

The European Commission said in a report issued Tuesday that it was assuming that Spain did not achieve the goal of reducing its public-sector deficit to less than 6.3 percent of the gross domestic product in 2012. continue reading »

Spain’s New Gov’t Announces Tough Austerity Measures Amid Higher than Expected Deficit

Spain's new conservative government, led by Prime Minister Mariano Rajoy, announced Friday an austerity package that includes spending cuts of 8.9 billion euros continue reading »