Spain’s Budget Deficit Grew by 35.4% in January to 1.2% of GDP; Spain’s Tax Revenue Drops 20% in Face of VAT Hikes
March 13, 2013Spread the love
Via Google Translate, El Economista reports Spain’s Budget Deficit Grew by 35.4% in January to 1.2% of GDP . The government deficit in terms of national accounts in January reached 12.729 billion euros, equivalent to 1.2% of GDP, representing an increase of 35.4% over January 2012.
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Spain’s Budget Deficit Grew by 35.4% in January to 1.2% of GDP; Spain’s Tax Revenue Drops 20% in Face of VAT Hikes
