The government of Prime Minister José Luis Rodríguez Zapatero has announced that now want to save iron. The budget deficit will be so until the end of the year to just six percent of gross domestic product (GDP) decreased. The Ministry of Finance in Madrid, founded the optimistic outlook so that the deficit has declined in the first half year compared to the same period by 18.9 percent to 24.1 billion euros. This sum corresponds to 2.21 percent of GDP. The Secretary of the Treasury, Juan Manuel López Carbajo, said the figures indicated an "economic stabilization" to what has caused among many economists, but only for compassionate smile.
Carbajo lay unmoved by: Together with a tax consolidation justifies this development, the expectation that the goal would be achieved a reduction in the deficit from 9.2 percent last year to 6.0 percent by the end of this year. Until 2014, the federal deficit will be even significantly scaled back under the EU ceiling of 3.0 percent to 2.1 percent.
Can the Spaniards succeed in the comeback? Probably only if the course of economic reform begun in the rest are not and there is no reform of the reform. Will also play a role, what is the newly elected head of government for accents.
Zapatero had announced that because of the crisis in the country the next election by four months on the 20th November preferable. Actually should have been elected until March 2012. The Prime Minister himself, in power since 2004, will not play any more. He spoke out in May for interior minister Rubalcaba as the leading candidate of his party. This will go on the path of his friend's party further, he said, and rely mainly the domestic industry. For the longer runs and more from Spain.
Is an example for many in (and to) the home suffering from global companies telecom operator Telefonica. The company was in the first half due to strong demand in Latin America to increase sales and operating profit. Revenue increased by 6.3 percent to 30.9 billion euros. Even in operating profit before interest, taxes, depreciation and amortization were the Spaniards - in Germany with the mobile phone brand O2 represented - as better with a gain of 3.7 percent to 11.3 billion euros.
Nevertheless, the expectations of the experts missed Telefonica relatively clear. Reason: In Spain, Telefonica, on account of the general economic weakness over the previous year to 6.1 percent less. On rapid and sustainable improvement in our own country seems not to put Telefonica: The Group has announced that 6500 will emphasize additional points ...
Carbajo lay unmoved by: Together with a tax consolidation justifies this development, the expectation that the goal would be achieved a reduction in the deficit from 9.2 percent last year to 6.0 percent by the end of this year. Until 2014, the federal deficit will be even significantly scaled back under the EU ceiling of 3.0 percent to 2.1 percent.
Can the Spaniards succeed in the comeback? Probably only if the course of economic reform begun in the rest are not and there is no reform of the reform. Will also play a role, what is the newly elected head of government for accents.
Zapatero had announced that because of the crisis in the country the next election by four months on the 20th November preferable. Actually should have been elected until March 2012. The Prime Minister himself, in power since 2004, will not play any more. He spoke out in May for interior minister Rubalcaba as the leading candidate of his party. This will go on the path of his friend's party further, he said, and rely mainly the domestic industry. For the longer runs and more from Spain.
Is an example for many in (and to) the home suffering from global companies telecom operator Telefonica. The company was in the first half due to strong demand in Latin America to increase sales and operating profit. Revenue increased by 6.3 percent to 30.9 billion euros. Even in operating profit before interest, taxes, depreciation and amortization were the Spaniards - in Germany with the mobile phone brand O2 represented - as better with a gain of 3.7 percent to 11.3 billion euros.
Nevertheless, the expectations of the experts missed Telefonica relatively clear. Reason: In Spain, Telefonica, on account of the general economic weakness over the previous year to 6.1 percent less. On rapid and sustainable improvement in our own country seems not to put Telefonica: The Group has announced that 6500 will emphasize additional points ...
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