"it Is expected that Spain fails to comply with slightly its target of overall deficit of 3.1% of the [GDP] by 2017," he said in a statement to the community executive, which provides for a 3.3% for this year and 2.8% in 2018.
AFP.- The public deficit and Spanish to 2017 will exceed "slightly" the goal set by Brussels, said the European Commission, who urges Madrid to be prepared to "take further measures" if it increases the risk of breaching its european commitments.
"it Is expected that Spain fails to comply with slightly its target of overall deficit of 3.1% of the [GDP] by 2017," he said in a statement to the community executive, which provides for a 3.3% for this year and 2.8% in 2018, compared to the 2.2 per cent target, after examining the draft budgets Spanish.
Despite deviating from the path a prosecutor, the Commission gave its approval to the Spanish budget by 2017, that meets "in general" with european standards, although it also notes that Spain did not make the necessary progress to "strengthen its fiscal framework and its public procurement policy".
The Commission "invites the Spanish authorities to be prepared to adopt new measures if budgetary developments indicate an increased risk" of a breach of its commitments to Brussels, he stressed.
Spain, hit hard by the crash financial world of 2008, it is subject to a procedure of excessive deficit from April 2009 that has forced him to adopt harsh austerity measures to reduce it below 3%.
After a series of postponements, the Spanish government has until 2018 to comply with this measure established in the Stability and Growth Pact, which governs in the 19 countries of the euro zone.
"Spain has registered good economic performance and urge the Spanish authorities to continue to correct their excessive budget deficit and to implement structural reforms key," said the Commission vice-president Valdis Dombrovskis.
In brief
After almost a year in office, which forced him to submit to Brussels a draft budget updated at the end of 2016, the Spanish government announced in December a greater revenue from the corporate income tax and an increase of taxes to tobacco and alcohol, to meet their commitments.
In Madrid, these budgets are the subject of a hard negotiation between the governing Popular Party (PP) of Mariano Rajoy, the minority in parliament, and the opposition, without which there is no specific date to close them.
The Committee trusts that the budget be adopted and applied "in brief," said the european commissioner for Finance, Pierre Moscovici, to whom, by this opinion, "the Commission again to apply the Covenant with rigor and intelligence."
this is Not the first time that Brussels alert to Madrid for the breach of the public deficit goal. In addition to avoiding a fine in July, Spain was fought in November of a possible suspension of european funds for failing to comply in 2015 the rules of deficit, the register then a 5.1 percent of Gross Domestic Product (GDP).
"The decision taken by the Commission in this specific topic it was the right decision," said then the president of the Eurogroup, Jeroen Dijsselbloem, who urged, however, to adopt a decision "faster", if you were to give a similar situation.
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