William Chislett, The Main Economic Challenges Confronting Spain’s Next Government, 24th June 2019
Having weathered a double-dip recession, and having for the first time in a decade a deficit of less than 3% of GDP, the Spanish economy seems to be doing reasonably well. Nonetheless, despite a steep reduction in unemployment, especially among the young, is unacceptably high, and the Government faces budgetary and revenue challenges. This paper analyses the challenges the Socialist minority government will face, particularly relating to passing a budget, and urges the parties to put aside their rivalry for the national interest.
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