Author (Person) | Mallet, Victor |
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Series Title | Financial Times |
Series Details | 28.4.11 |
Publication Date | 28/04/2011 |
Content Type | News |
Spain’s finance minister insisted in April 2011 that all 17 autonomous regions cut their budget deficits to agreed levels amid revived concerns among sovereign bond market investors at the nation’s finances. Nine of the 17 regions, by contrast, exceeded their deficit limits last year. But the newly elected Catalan nationalist government in the Catalonia region of eastern Spain – with an economy the size of Portugal’s – had already said it cannot meet its 2011 target, even after drastic cuts in public spending. Other regions are struggling. |
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Countries / Regions | Spain |
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