Politics 08-11-2018

Brussels worsens its growth and deficit forecasts for Spain

The European Commission (EC) today lowered its growth forecast for Spain to 2.6% in 2018 and 2.2% in 2019, and raised its public deficit forecast for both years, to 2.7% and 2%. , 1% of GDP, respectively.

In both cases, the forecasts are worse than the last ones issued by the Community Executive for these indicators, in which it calculated that the growth would be higher, of 2.8% this year and 2.4% next, and that the deficit would be lower, of 2.6% and 1.9% of GDP, respectively.


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