Spain poised to ease austerity push

Author (Person)
Series Title
Series Details 23.04.13
Publication Date 23/04/2013
Content Type

Preview and reports of the new 3-year economic programme proposed by the Government of Spain on the 26 April 2013.

Spain admitted that it would need two extra years to bring its budget deficit back below the EU limit of 3% of gross domestic product, a relaxation of its austerity targets that won tacit approval from the European Commission.

Related Links
ESO: Background information: Rajoy keeps his course http://www.europeansources.info/record/rajoy-keeps-his-course/
El Pais, 23.04.13: Brussels to give Spain two more years on deficit as austerity loses its shine http://elpais.com/elpais/2013/04/23/inenglish/1366711069_383285.html
European Commission: RAPID: MEMO/13/388: European Commission's initial reaction to stability and reform programmes announced by the Spanish Government http://europa.eu/rapid/press-release_MEMO-13-388_en.pdf
BBC News, 26.04.13: Spain revises down its economic forecast http://www.bbc.co.uk/news/business-22305953

Countries / Regions