Brussels, 11/07/2016 (Agence Europe) - On Tuesday 12 July, the European Finance Ministers are expected to note that Spain and Portugal did not take sufficient action between 2013 and 2015 to correct their excessive deficits and comply with the budgetary trajectory agreed upon at European level.
By adopting the recommendation of the European Commission (EUROPE 11589), the ministers will take an extra step in the excessive deficit procedures opened against the two Iberian countries. This will...