spanish

Who pays for the public deficit? Autonomous Communities vs. the Spanish Government

March 31, 2011 01:35 AM | CNA / Gaspar Pericay Coll

The Spanish Government demands an additional budget reduction of 3.2 billion euros to Catalonia, while the Catalan Government claims 3.3 billion owed by the Spanish State. Catalan parties have accused Prime Minister Zapatero of reducing his government’s deficit by increasing that of the autonomous communities. The Spanish Government wants to force Autonomous Communities to pay for the deficit by limiting it through specific laws.

The Spanish Government will pay for the train tickets price reduction in the end

March 9, 2011 09:21 PM | CNA

After the Spanish Governments announcement to reduce the price of local train tickets by 5% with the aim of fostering public transportation to save fuel, the Catalan Government, which manages the service in Catalonia, quantified in 26 million euros its loss in 1 year. Therefore, the Catalan Executive refused to pay for the measure. The Spanish Government will pay 6.75 million euros for 3 months of the measure.

In the end, the Catalan Government’s deficit for 2010 is 3.86%

March 1, 2011 11:59 PM | CNA / María Jose Fidalgo / Gaspar Pericay Coll

Spain saw 2010 end with 9.24% of public deficit; 4.97% corresponds to the Spanish Government, 3.39% to the autonomous communities and 0.64% to the local administrations. According to the Spanish Government, half of the autonomous communities saw the year come to an end far away from the objective of 2.4% - Catalonia included. The Catalan Government emphasised that the Spanish Government cut down the revenues of the autonomous communities.