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Spain's public deficit to September falls from year-ago period

Source: Reuters - Wed 26th Nov 2014
Spain's public deficit to September falls from year-ago period

Spain's public deficit - not including town halls - fell to 4.04% of GDP in the first 8 months of the year, down 11% from the same January - September period in 2013.

That was a contraction from the 4.26% booked for the first 8 months of the year.

The government aims to cut the public deficit to 5.5% of GDP for 2014, from 6.3% last year.

Recommended Reading :

* Fitch affirms Spain at BBB+, outlook stable

* 50% of Spaniards earn under EU1,000 per month

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