Spain a victim of deficit target fetishism
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Spain a victim of deficit target fetishism

Madrid : Spain | Mar 04, 2012 at 1:45 PM PST
Source: The Globe & Mail
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Video Spain's fiscal deficit was 8.5 per cent of gross domestic product last year. The country's government had agreed, when the 2011 shortfall was supposed to be 6 per cent, that it would cut it down to 4.4 per cent in 2012. Can the government be seriously expected to tighten by more than 4 per cent of GDP... FULL ARTICLE AT The Globe & Mail
 
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