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Image header Agence Europe
Europe Daily Bulletin No. 11522
ECONOMY - FINANCE / (ae) spain

Public deficit almost 5.2% of GDP in 2015

Brussels, 31/03/2016 (Agence Europe) - The Spanish public deficit in nominal terms has risen to 5.16% of GDP, which is nearly a percentage point higher than the target of 4.2% laid down at European level, the Spanish national statistical institute announced on Thursday 31 March.

Whilst the performance of the central state and the communes was better than anticipated, the shortfall is mainly due to the excessive expenditure of the autonomous communities (average deficit of -1.66% of GDP...

Contents

ECONOMY - FINANCE
SECTORAL POLICIES
EXTERNAL ACTION
NEWS BRIEFS