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Europe Daily Bulletin No. 10566

3 March 2012
Contents Publication in full By article 10 / 29
EUROPEAN COUNCIL / (ae) spain
Rajoy announces deficit target of 5.8% in 2012

Brussels, 02/03/2012 (Agence Europe) - Spanish Prime Minister Mariano Rajoy has announced that his country hopes to achieve a public deficit of 5.8% of GDP in 2012, while the previous government had made a commitment with the European Commission that the deficit would be brought down to 4.4% of GDP. The head of the Spanish government deems his level to be reasonable, in the knowledge that many expert economists consider the deficit objective of 4.4% of GDP in 2012 to be unrealistic. The...

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