Spain's budget risks breaking EU fiscal rules in 2016 as it is based on growth forecasts that do not take into account the country’s exposure to emerging markets where growth is slowing, a European Commission report said on Monday. The Commission’s rebuke comes ahead of the Spanish general election on 20 December, when the government is expected to emphasize its handling of the economy as it seeks to win back voters after imposing big spending cuts.
Economy
Spanish budget may break EU guidelines
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