Valuable Opinions, Comments & Gossip
Latest News, Stories
& Hot Topics
Tools & Widgets to
help with finances
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
- Business
- Childbirth & Education
- Legal Formalities
- Motoring
- Other
- Pensions & Benefits
- Property & Accommodation
- Taxes
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Join us for Tea on the Terrace
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
- Liva & Laia : 15th November
The current account deficit of Spain is expected to drop below 3% for the whole of 2011, Finance Minister Elena Salgado told TV reporters earlier today.
Salgado was in Brussels to attend a meeting of Europe's Finance Ministers Speaking after an European finance ministers where she agreed that the government was more positive on seeing economic growth by the end of the year, than the Bank of Spain.
Last week the Bank issued an early estimate that the economy remained stagnant over the third quarter from the second, however the government will publish it's own statistics later this week.
Despite widespread expectations that achieving the target budget deficit of 6.0% of GDP by the end of 2011 is impossible, Salgado reiterated the government's commitment to reducing the budget deficit to 3.0% of GDP by 2013 from 9.2% in 2010.
