Spain’s two main parties agree on a constitutional amendment without the explicit support from other parties
The governing Spanish Socialist Party (PSOE) and the main opposition party, the People’s Party (PP) agree to amend the Spanish Constitution to limit the deficit from public administrations. Other parties have offered to support the amendment but have not participated in the actual writing of the text. The constitutional amendment will not set a deficit figure, which will be set through a law to be approved before July 2012. The PSOE and the PP have agreed that the deficit should be limited at 0.4%: 0.26% corresponding to the State and 0.14% to the Autonomous Communities. Other parties are insisting on the need for a binding referendum.
August 26, 2011 10:51 PM