The beginning of 2017 shows a good performance of fiscal stance
Published on Tuesday, May 23, 2017
The beginning of 2017 shows a good performance of fiscal stance
Summary
Spain reached the stability target in 2016, due to expenditure containment and fiscal measures adopted in the last quarter. In 2017, in a favourable economic environment, the recent performance of public accounts suggests that the deficit adjustment continues. 2017 and 2018 stability objectives are achievable, but will require a tight control of public expenditure.
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- Spain
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- Macroeconomic Analysis
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BBVA Research
BBVA Research
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