According to a draft document obtained by El Pais:
- EU sees Spanish GDP in 2013 falling 1.5% compared with a fall of 0.5% in Govt estimates
- EU sees Spain's budget deficit at 8% in 2012 and 6% in 2013 compared with Govt estimate of 7.3% and 4.5% respectively
The EU are due to release their full report and forecasts tomorrow.
Print 07:02, 06 Nov 2012 - Economic commentary - Source: El Pais
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: