spanish government

Business

Catalonia and Spain miss 2013 deficit targets

December 30, 2013 07:07 PM | ACN

The Catalan Government deficit amounted to 1.6% of the GDP between January and October, and consequently missed the 1.58% target imposed by the Spanish Government. Madrid was also not able to comply with the limit set for the central government, and had a deficit of 3.96% in November, higher than the 3.8% required for the whole year. The Spanish autonomous communities’ total deficit amounted to 1.12% of the GDP in October, which was in line with the yearly objectives, according to the Spanish Government. When considering the deficit of the autonomous communities, the Spanish state and the Social Security, it amounted to 4.87% of the GDP. The payments of the banking bail-out will also be included in this figure at the end of the year. Brussels had set a global limit of 6.5% for Spain in 2013.

Politics

Mas to the Spanish Government: “Let us vote”

December 30, 2013 06:46 PM | ACN

The Catalan President, Artur Mas, urged Spain “to listen to the voice of the Catalan people” by allowing the referendum on independence to take place in 2014. In his New Year’s Eve Speech, Mas said that “there is nothing as democratic” as deciding the future of the country “in the ballot box”. “Solving the big issues in the polls should not cause any qualms nor fears, and it is obvious that our future and the relationship that we should have with Spain and Europe is a tremendously big issue”, he said in a speech broadcasted by Catalan Television on Monday.