We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Tough love

7 February 2012 By Fiona Maharg-Bravo

Spain will struggle to shrink its budget deficit to 4.4 pct of GDP this year, but it shouldn’t try too hard. Forcing the pace could create a deeper recession. The government still needs a deficit target to control the unruly regions. But the EU should let it set a realistic one.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)