Published on Tuesday, December 22, 2015

Spain | Public deficit: insufficient pace of deficit adjustment

Summary

The public deficit (excluding local governments) stood at 3.4% of GDP until October, which improves the figure from a year ago. Despite the good performance , the pace of adjustment does not seem enough and the probability of failing to meet year-end target is maintained.

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Authors

Virginia Pou BBVA Research - Senior Economist

Documents and files


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Report (PDF)

AAPP_oct15

Spanish - December 22, 2015

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