BOS gov on reuters

  • says deficit reduction will require additional adjustments that be will be difficult in slow recovery
  • see 6.5% deficit/GDP target for 2013 is reachable despite risks
  • budget compliance must be strict to avoid getting off track on H2 2013

Add:

  • says its ” not unjustified to affirm” that Spain could be exiting its 2nd recent recession

See my earlier post for reasons why