The usual electioneering carrots - lower taxes, abolish inheritance tax and so on. The reality is, as so eloquently put by the FT earlier this week, "Enforcement of the EU’s Stability and Growth Pact resumes from next year after it was suspended due to the coronavirus pandemic, adding to the pressure for member states to curb borrowings.
Spain’s public debt is equal to 113 per cent of gross domestic product and its budget deficit last year was 4.8 per cent of GDP.
The country’s debt load jumped due to the economic costs of the pandemic, but Feijóo also accused Sánchez of allowing the public sector workforce to swell.
That doesn't seem to me to provide the fiscal oportunity for tax cuts!
The usual electioneering carrots - lower taxes, abolish inheritance tax and so on. The reality is, as so eloquently put by the FT earlier this week, "Enforcement of the EU’s Stability and Growth Pact resumes from next year after it was suspended due to the coronavirus pandemic, adding to the pressure for member states to curb borrowings.
Spain’s public debt is equal to 113 per cent of gross domestic product and its budget deficit last year was 4.8 per cent of GDP.
The country’s debt load jumped due to the economic costs of the pandemic, but Feijóo also accused Sánchez of allowing the public sector workforce to swell.