Spanish unions reject budget adjustment demanded by EU

Series Title
Series Details 10.11.16
Publication Date 10/11/2016
Content Type

One of the major tasks (and challenges) for the newly installed Spanish Government in November 2016 was to get a 2017 Budget adopted that was both agreeable to the Spanish Parliament in which the Popular Party did not have an absolute majority, while also securing the agreement of the European Commission.
Source Link Link to Main Source http://www.thelocal.es/20161110/spanish-unions-reject-budget-adjustment-demanded-by-eu
Related Links
ESO: Background information: What political deadlock? Spain’s economy forges ahead http://www.europeansources.info/record/what-political-deadlock-spains-economy-forges-ahead/
European Commission: DG Economic and Financial Affairs: European economic forecast - Autumn 2016 Spain http://ec.europa.eu/economy_finance/eu/forecasts/2016_autumn/es_en.pdf
El País, 09.11.16: Spain will 'easily' meet EU deficit target for 2016: Economy minister http://elpais.com/elpais/2016/11/08/inenglish/1478596795_943850.html?rel=mas
El País, 10.11.16: Spain faces budget battle in Congress as Brussels pushes for unpopular cuts http://elpais.com/elpais/2016/11/09/inenglish/1478679943_653024.html
El País, 26.10.16: Brussels reminds Spain to make €5.5 billion cuts 'as soon as possible' http://elpais.com/elpais/2016/10/26/inenglish/1477470906_522415.html
Spain: Draft budgetary plan 2017 and Effective Action Report (October 2016, in Spanish) http://ec.europa.eu/economy_finance/economic_governance/sgp/pdf/dbp/2017/2016-10-14_es_dbp_es.pdf
European Commission: Commission letter to Spain, 25.10.16 http://ec.europa.eu/economy_finance/economic_governance/sgp/pdf/dbp/2017/dbp_2017_-_vd-pm_letter_to_spain_-final.pdf
Spain: Ministry of Economy, Industry and Competitiveness: Reply from Spain, 08.11.16 http://ec.europa.eu/economy_finance/economic_governance/sgp/pdf/dbp/2017/dbp_2017_reply_spain_en.pdf
European Commission: DG Economic and Financial Affairs: EU economic governance: Stability and Growth Pact: Draft budgetary plans of euro area Member States http://ec.europa.eu/economy_finance/economic_governance/sgp/budgetary_plans/index_en.htm
ESO: Background information: The messy politics behind Spain’s new government http://www.europeansources.info/record/the-messy-politics-behind-spains-new-government/
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