Spain Misses 2013 Budget Deficit Target in Spite of Massive Tax Increases; So Much Pain for Virtually No Reward
March 30, 2014Spread the love
Via translation from Libre Mercado please consider Spain’s Budget Deficit Only Two Tenths Lower in 2013 Despite Massive Tax Increase . Spain’s budget deficit fell from 6.84% of GDP in 2012 to 6.62% of GDP last year. The budget goal was far less ambitious than previous, but still did not met the commitment to Brussels.
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Spain Misses 2013 Budget Deficit Target in Spite of Massive Tax Increases; So Much Pain for Virtually No Reward