Spain | Public administrations: adjustment of public deficit continues
Published on Tuesday, October 27, 2015 | Updated on Tuesday, October 27, 2015
Spain | Public administrations: adjustment of public deficit continues
Summary
The general government deficit (excluding local administrations) stood at around 3.4% of GDP, improving the level reached a year ago. Nevertheless, the pace of adjustment is not enough, and the probability of not meeting the deficit target by the end of the year holds.
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BBVA Research
BBVA Research