Arab Today, arab today spanish public deficit stands at 662 in 2013
Last Updated : GMT 20:14:20
Arab Today, arab today
Arab Today, arab today

Spanish public deficit stands at 6.62% in 2013

Arab Today, arab today

Arab Today, arab today Spanish public deficit stands at 6.62% in 2013

Madrid - XINHUA

Spain's public deficit stood at 6.62 percent in 2013 without taking into account public financial aid injected into Spanish banks, the Spanish government announced on Friday. The government described the data as positive because Spain "almost" meets the target though the figure was slightly above the 6.5 percent required by Brussels. The figures issued at a press conference following a cabinet meeting showed the deficit of the State, which includes central administration and Social Security deficits, stood at 5.49 percent compared to the target of 5.2 percent. The deficit of the Spanish regions, Autonomous Communities, stood at 1.54 percent compared to the 1.3 percent required, while local governments registered a 0.41 percent surplus. Minister of Finance Cristobal Montoro emphasized that local governments were helping Spain to gain credibility and Spanish regions were making big efforts to reduce their deficits. He also highlighted the fact that Spain was in recession in 2013 which made the country's gross domestic product fall by 28.399 billion euros pushing up the deficit. Montoro also highlighted the efforts made by the Spanish society. "Behind these figures are the efforts made by the society. We have to appreciate them and tell citizens they will have something back," he said. Meanwhile, the European Commission said that they would keep in mind this data provided by the Spanish government, adding that the European Union statistics office, the Eurostat, had to confirm this data and will publish its own figures on April 23. Spanish Deputy Prime Minster Soraya Saenz de Santamaria said that the data released on Friday confirmed that the reforms carried out by the government had an impact on Spanish economy and helped fiscal consolidation. Meanwhile, on Friday, preliminary data published by the Spanish National Institute of Statistics (INE) showed that Spanish prices fell 0.2 percent in March when compared with a year ago. The INE will confirm this figure on April 11.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spanish public deficit stands at 662 in 2013 Arab Today, arab today spanish public deficit stands at 662 in 2013

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:03 2017 Thursday ,23 March

Spider Venom May Offer Hope to Stroke Victims

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday