Armstrong Villas

Wednesday, 27 July 2011

Spain's Financial Worries Mount

A mighty row is brewing over regional funding and debt
La Razón todayLa Razón today
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El Mundo notes that the Government is not going to make the payments to the PP regions which are over the deficit limit.
The paper says that the Government is demanding they follow an adjustment plan. Elena Salgado has said that she does not believe the shortfall claims made by Barreda, and has written to Cospedal to turn the screw. The Junta de Castilla-La Mancha meanwhile blames the Ministry for Hacienda for the cuts which are needed to make the accounts balance.

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