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Thursday November 26, 2009
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Spain Public Finances News is an EIN News Service for political professionals. Constantly updated news and information about Spain EU Politics.
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Latest Spain Public Finances News

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  • Unsustainable 26 Nov 2009 17:20 GMT
    ... be too optimistic over the country’s prospects SPAIN is the new sick man of Europe. ... company, Renfe, has already snatched half the Madrid-to-Barcelona traffic. Indeed, with its efficient, green technology, ... of the EU, which takes two-thirds of Spanish exports. The economy may ride on the coat-tails ...

  • Tax burdens falling in OECD economies as crisis takes its toll 26 Nov 2009 07:15 GMT
    ... revenues to finance public expenditures and reduce budget deficits. They fell back slightly between 2001 and ... in Iceland; to 33% from 37.2% in Spain; and to 28.3% from 30.8% in Ireland. The largest increases ...

  • Mark Thompson: 'To justify its indepependence the BBC must keep its side of the bargain' 26 Nov 2009 13:37 GMT
    ... funding on the public service broadcasters in Spain, France and Italy. Two weeks ago the ... Fernandez, stood down amid questions about the Spanish broadcaster's political independence, despite legislation three years ago ... not just the licence-fee, but the wider public finances and the revenues available to commercial media, ...

  • Dubai debt fears hit world stock markets 26 Nov 2009 17:53 GMT
    ... LONDON: Global equities slumped on Thursday, with Europe down ... time when fears are mounting about excessive public debt," said Xavier de Villepion, an analyst with ... monetary policy next year. Elsewhere in Europe, Madrid fell 2.58 percent to close at 11,657.5 points. Brussels ...

  • UPDATE 1-ECB's Sramko says EC too benevolent on some deficits 26 Nov 2009 13:15 GMT
    ... Commission, the EU's executive, gave Germany, France, Spain, Austria, the Netherlands, the Czech Republic, Slovakia, ... of Prime Minister Robert Fico expects the public finance gap to balloon to 6.3 percent this ...

  • UPDATE 2-Finland's Rehn set to win top EU economy job 26 Nov 2009 21:11 GMT
    ... BRUSSELS, Nov 26 (Reuters) - Finland's Olli Rehn ... revive Europe's economy after the credit crunch. Spaniard Joaquin Almunia will make way for him in ... the economy, and needs to tackle soaring budget deficits. The competition commissioner enforces strict rules on ...

  • Government debt spirals 25 Nov 2009 22:30 GMT
    ... sovereign debt risk for some time. Japan, Spain, Italy and Portugal are all facing serious fiscal deficits ... (PASOK) of George Papandreou confess that the budget deficit will be more than 12pc of GDP ... with Ireland," he said. Brussels says Greece's public debt will rise from 99pc of GDP in 2008 ...

  • As one crisis recedes, the fiscal one may be only beginning 25 Nov 2009 20:33 GMT
    ... the big menace is "out of control" public debt. Yet for the moment there is no ... in currency unions (think Greece, Italy and Spain) or with inherently strong currencies (think Japan), yields are ...

  • Banks take advantage of low yields 25 Nov 2009 05:53 GMT
    ... Published: November 24 2009 18:23 | Last updated: ... and Ayt, which represents a group of Spanish savings banks, issued 10-year covered bonds that drew ... by pools of assets, typically mortgages or public debt, and are covered by the issuing bank’s ...

  • How to fix a rich but unequal country 25 Nov 2009 01:33 GMT
    ... off than countries such as France, Italy, Spain, Portugal and Greece and very much better off ... policies to fix the hole in the public finances. ...

  • State gaining four times less than UK from property taxes 25 Nov 2009 05:54 GMT
    ... 2007; and to 33pc from 37.2pc in Spain. Tax receipts often fall faster than GDP in a ... the recovery is secured, in maintaining sound public finances." ...

  • The Vision Thing: Papua New Guinea's Government Unveils the Future 25 Nov 2009 00:44 GMT
    ... major investment projects and to pay of public debt, this year’s budget allocated over 500 million ... fleet itself comes from everywhere: Japan, Taiwan, Spain, the Philippines. PNG charges royalties on the catch within ...

  • Europe's public finances: Weighed down 24 Nov 2009 12:11 GMT
    ... for three years. A repair job on public finances stands a better chance of being durable ... the worst-hit countries such as Ireland and Spain. Ireland’s tax receipts have declined by a third ... afford to add much to its huge public debt. It eschewed any meaningful fiscal stimulus in ...

  • Spain Jan-Oct budget deficit 59.3 bln euros 24 Nov 2009 10:25 GMT
    ... MADRID, Nov 24 (Reuters) - Spain's central government budget deficit totalled 59.3 billion euros ($88.40 billion) between January and October, compared with a shortfall ...

  • Spanish budget deficit soars 24 Nov 2009 13:11 GMT
    ... Last Updated: Tuesday, November 24, 2009, 11:43 Spain's central government deficit shot up nearly sevenfold from ... not provide a monthly breakdown for the budget deficit data, which does not include the balances ...


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