17/10/2017 (Agence Europe) – The draft budget that the Spanish government submitted to the European Commission reduces growth forecasts from 2.6% to 2.3% of GDP for 2018, but policy remains unchanged due to the Catalan crisis. The government feels that the Spanish public deficit will be reduced to 2.3% of GDP rather than the initially forecast 2.2%. The slightly weaker economic performance is due to the risk to the economy of the political crisis in Catalonia (see EUROPE 11884), but...