• OECD: Spain must stand ready for more fiscal consolidation

Market news

20 December 2010

OECD: Spain must stand ready for more fiscal consolidation

 

  •  Early details of 2012, 2013 budget could help confidence;
  •  Spain 'is committed' to ensuring sound public finances;
  •  Fiscal consolidation to weigh on recovery in short term;
  •  Spain's growth to remain subdued, unemployment high;
  •  Spain must push labor mkt reform,product competitiveness;
  •  Spain's banks have abundant capital, provision buffers

 

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