- Spain needs more austerity to meet 2015 budget target
- Domestic demand no longer a drag on growth
- Economic recovery firming
- Should make 2014 budget goal
The EU is out with a report on post-program monitoring of the Spaniards.
They fought tooth and nail against starting austerity and fought tooth and nail when they had austerity. Adding more should be a breeze
It tastes nice, honest
Update: Spain’s finance minister Luis de Guindos is on the wires saying that Spain is seeing a recovery of domestic demand and that SME and household lending has increased in the last 6 months. Spanish exports and imports are also increasing and there is no inflation pressure in Spain.
