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"No new reforms or Taxes" : Spain Deputy PM

Source: Reuters - Fri 26th Apr 2013
'No new reforms or Taxes' : Spain Deputy PM

Spain's Deputy Prime Minister Soraya Saenz de Santamaria said on Friday that there was no need for major new reforms or new taxes, and the government would try to cut taxes in the future.

Announcing a battery of new economic forecasts, the government expects the economy to contract further than originally expected this year, with unemployment rising to 27.1 percent in 2013.

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