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Spain will miss its 2012 budget deficit goal, says PM Rajoy, speaking in Brussels following the...

Mar. 02, 2012 8:00 AM ETEWPBy: Stephen Alpher, SA News Editor3 Comments
Spain will miss its 2012 budget deficit goal, says PM Rajoy, speaking in Brussels following the EU summit. He estimates the deficit/GDP ratio coming in at 5.8% vs. the 4.4% promised, even as EU leaders say it better not. The country also sees 2012 GDP growth of -1.7%, just a slight revision from the previous +2.3%.

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