Spain's budget deficit for 2011 missed target level

Note: This section contains information in English only.
Source: Bloomberg
Spain failed to fulfil its target budget deficit ratio for year 2011, putting pressure on government to seek news ways of reducing debt. Although the deficit eased from 9.3% of GDP in 2010 to 8.5% in 2011, it still is above set target of 8.0%. The official deficit target rate in EU is 6.0%. EU set an aim for Spain to reach 4.4% deficit in 2012, though PM Rajoy announced he expects Euopean Union to review the rate. 
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.