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Published on Wednesday, February 14, 2018 | Updated on Wednesday, February 14, 2018

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Reaching the 2019 deficit target will require additional fiscal adjustments

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Summary

The recovery of activity and a strong control of spending anticipate the compliance with the stability target of 2017. With a broadly neutral fiscal stance for 2018 and 2019, Spain will exit the excessive deficit protocol, but it could fail to achieve its targets.

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