Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain to meet 2015 deficit target: economy minister

Source: Xinhua - Wed 14th Oct 2015
Spain to meet 2015 deficit target: economy minister

Spanish Economy Minister Luis de Guindos said on Wednesday that he did not have any doubt that Spain would meet 2015 and 2016 deficit target.

De Guindos made this statement at the government control session held at the Spanish parliament on Wednesday, where he also assured that if the main opposition party, the Socialists, won the elections on Dec. 20, Spain's credibility would be lost.

"Spain will meet the deficit target this year," de Guindos pointed out when asked about the recent comments by the EU that asked Spain for more reforms in order to meet the deficit: 4.2% this year and 2.8% in 2016.

"Our credibility is based on the fact that we are the economy that is growing most in the eurozone among the biggest economies for 2 reasons: competitiveness and the recovery of the credit," de Guindos pointed out.

Also on Tuesday de Guindos assured that the country would meet the deficit target, adding that the government would not modify the budget for 2016.

The minister recognized that the deficit of Spanish regions would surpass the limit but this would be compensated by an increase in income, savings in the debt's interests and the decrease of spending on unemployment benefits.

Recommended Reading :

* Spain risks missing 2015 and 2016 deficit targets : Brussel report

* Brussels raises 2015 growth forecast for Spain to 2.3%

Comment on this Story

 
Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs

 
When shopping for bodyjewelrytips, never buy anything that has nickel. The best type of material is the steel, titanium, wood, anodized gold or gold. Most nickel products will rust and may infect your ear. If you have pierced the naval or eye, you do not need to worry, as that is the most versatile part of the body. You can wear rings, straight, curved or fancy and captive beads. There are many leading body piercing jewelry that offer some of the biggest collection at very affordable price. In regard to shopping, always go to a wholesale shape as that is the sure place of getting any type of body piercing jewelry. The only thing that you need to be careful about is the material used to make the jewelry. There are instances when body piercing might go wrong and the result is an infection. In order to avoid this, make sure that the person doing the piercing is qualified to do so. After piercing is done Bodys piercing trends, you should keep the area sterilized and clean. Use warm water to wipe dirt. Never use spirits as they will corrode the area resulting to a wound which might cause an infection.