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Spain | The expansive measures will offset the cyclical recovery of the deficit in 2018

Published on Monday, July 30, 2018 | Updated on Monday, July 30, 2018

Spain | The expansive measures will offset the cyclical recovery of the deficit in 2018

The data for the first quarter shows a slight increase in the public accounts. This rate of improvement does not seem sufficient to offset the expansive bias of fiscal policy. This would mean a slowdown in the process of reducing the deficit and the public debt, which increases the vulnerability of the Spanish economy in the medium term.

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