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Study: Spanish regions are potential budget busters

22.08.12 @ 09:03

  1. By EUOBSERVER

A study conducted by the Spanish non-profit, the Federation of Applied Economic Studies (Fedea), claims Spain's 17 regions are the principle risk factor for the central government's budget deficit target. Spain aims to reduce its budget deficit from 8.9 percent to 6.3 percent this year.

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