No sanctions from EU to Spain and Portugal for too high deficit
Economy 28 July 2016Although Spain and Portugal violated the EU rules by not correcting their government deficits on time,
Although Spain and Portugal violated the EU rules by not correcting their government deficits on time,
Spain and Portugal will not correct their excessive deficits by the recommended deadline On 7 July 2016,
Clue: apparently its President in 2011 asked Greece to put up the Parthenon as collateral for the loan
In the previous article we discussed one of the three “arrows” of the economic policy mix suggested