• Spain will miss its budget deficit target this year

Noticias del mercado

19 abril 2016

Spain will miss its budget deficit target this year

Spain's Finance Minister Luis de Guindos said on Tuesday that the country would miss its budget deficit target this year. He noted that the deficit was expected to be 3.6% of GDP in 2016, higher than the European Commission's target of below 3%.

de Guindos also said that the deficit was expected to be 2.9% of GDP in 2017.

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