- Correction of public deficit is a priority that must be met
- Budget appropriately addresses needs
- Economic growth will return after Q3 stagnation
- Room to improve transparency of region’s financial information
- Autonomous regions must meet budget targets
- Solid pension reform would confirm commitment to budget goals
- Reform of collective bargaining rules would boost productivity
Meanwhile, Spanish/German 10 year govt bond yield spread widens to 220 bps, 8 bps wider on day.
