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Europe Daily Bulletin No. 10586

31 March 2012
ECONOMY - FINANCE / (ae) spain
Madrid seeks Eurogroup backing for its 2012 budget

Copenhagen, 30/03/2012 (Agence Europe) - The Spanish government hopes that the 2012 budget it unveiled officially on Friday 30 March will be welcomed by the Eurogroup at its meeting in Copenhagen the same day. Spanish Economy Minister Luis de Guindos said: “This is a budget that will show the Spanish government's commitment to austerity and fiscal consolidation”. The head of the Eurogroup, Jean-Claude Juncker said on Friday morning that the budget meant that Spain will no longer be a...

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