S&P believes Spain will miss deficit target (2.5%) for this year if no additional measures taken
The American rating agency S&P stated this Thursday that the process of adjusting the public deficit in Spain could have been ‘faster’ in light of the good economic data collected and warned of the likely failure to meet the target set for this year, at 2.5% of GDP. According to the rating agency in its 2025 forecast presentation, the Spanish public sector remains heavily indebted and has relied its fiscal…