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Spain will not meet its deficit targets and debt is too high, warns IMF

SPAIN will not meet its deficit targets for this year or the next, the IMF has predicted. The international body, headed by Christine Lagarde,...

Spanish Prime Minister receives support from Angela Merkel

Pressure grows on Spain to reveal details of banking reforms as bailout rumours refuse to disappear

IMF foresees two more years of recession in Spain

The budget deficit is predicted to be 6.8 per cent this year - although Rajoy sees things more positively
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