Spain is expected to revise its 2013 gross domestic product forecast to -1% from its current estimate of -0.5%, Reuters reported Monday, citing a government source.
The country also is negotiating with the European Commission a fresh budget deficit target of 6% of GDP, compared with the current 4.5% target.
Full story at: www.reuters.com/article/2013/04/01/spain-economy-idUSL5N0CO1O320130401
Write to nymonitoring@dowjones.com
(END) Dow Jones Newswires
The country also is negotiating with the European Commission a fresh budget deficit target of 6% of GDP, compared with the current 4.5% target.
Full story at: www.reuters.com/article/2013/04/01/spain-economy-idUSL5N0CO1O320130401
Write to nymonitoring@dowjones.com
(END) Dow Jones Newswires
