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Spain & Portugal insight - November 2012

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Spain & Portugal insight - November 2012

Spain and Portugal’s economies are under strain but steps are being taken to balance the books. In 2011, Spain and Portugal’s government deficits stood at 8.5% and 4.2% of GDP respectively but both governments are committed to ensuring their deficits are in line with the EU’s 3% target by 2014.

Source : Knight Frank

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