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Why Spain is Not Greece

Why Spain is Not Greece

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Published by zerohedge

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Published by: zerohedge on Aug 05, 2012
Copyright:Attribution Non-commercial

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08/09/2012

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Kingdom of Spain Economic Policy and 2010 FundinStrategy 
Secretary of State for the Economy
February 2010
 
Highlights
The long growth cycle and the crisis 
sca consoaton an structura reorm
Fundin Strate of the Kindom of Sain
~2009~
 
1
 
Highlights
Long growth cycle
previous to the international crisisImportant challenges ahead:
Unemployment and deficit
,structural shortcomingsThe
Sanish Government is determined to act
:Fiscal consolidation: A cut of 
5.7%
of GDP in structuralprimary deficit in 2010-2013Structura reorms to oost potentia GDP: SustainaeEconomy, Bank Reorganisation, Pensions, Labour Market 
2
 institutional ability for reform

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