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Spain National deficit 1.53 pct in Q1

Source: Reuters - Thu 16th May 2013
Spain National deficit 1.53 pct in Q1

Spanish central government deficit reached 1.53% of GDP, or €16 billion, in Q1 of 2013, the Treasury Ministry said on Thursday.

The Treasury said that Spain's social security administrations had registered a surplus equivalent to 0.23% of GDP in the year to March.

It also confirmed that Spain's 17 autonomous regions had a deficit equivalent to 0.12% of GDP in the first quarter.

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