Spain budget gap continues to increase

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Spanish government budget deficit reached 4.38% from January to August, while the target stood at 3.8%. A lot of analysts from the Bloomberg survey predict the budget gap to reach 6.5% in 2013. Thereby, it is too early to speak about economic recovery in the country that has the highest unemployment rate in the Eurozone at 27%, while more than 56% of young people do not have a job. 
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Thu, 05 Sep 2013 16:28:03 GMT

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