Spain fails to reach deficit target despite economic expansion

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Source: Bloomberg
Spain will not reach its deficit target, and will show the biggest monetary gap in the Euro area, according to the European Commission. The 4.5% shortage of GDP in 2015, is higher than the Spanish government's expectations of 4.2%. Meanwhile, the Spain's Prime Minister Mariano Rajoy, has assured to decrease taxes, to be re-elected on a prospect of economic recovery.  
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