According to foreign media reports, Spain might is seeking European Union to reduce its debt reduction targets, there have been reports that Rajoy Premier Prior to 4.4% of the budget deficit target is unable to complete the task, he is seeking a more realistic 5% goals.
“Daily Telegraph” reported that the Spanish Finance Minister Luis de Guindos, told reporters that his country improve debt target request will not be considered abnormal behavior, because there will be a “the objectives of the Union as a whole reconsideration “.
the European Commission is scheduled for Thursday to adjust the overall growth in the euro area forecast, analysts said the EU authorities will be significantly reduced growth expectations, within Europe, with substantial spending cuts, tax hikes and unemployment situation exists .
“Daily Telegraph” news source said some euro area governments, including Spain, want to take advantage of the upcoming data in exchange raised the debt target, but Brussels may be “less likely to” rapidly changing Prior to setting goals.
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Tags: Spain, the deficit


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