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Published on Friday, May 18, 2018 | Updated on Friday, May 18, 2018

Spain | A more expansive fiscal policy could make it difficult to achieve the objectives

Public administrations met the 2017 stability target, thanks to the economic recovery and contained public expenditure. In 2018, in a favorable economic environment, the recent performance of public accounts suggests a more expansive path in fiscal policy. In this context, the announced measures could make it difficult to achieve the stability objectives for 2018 and 2019.