LAW BUDGET STABILITY: Spain changed the constitution in an afternoon for breaking the rules ...

In 2011 Spain Sagrada change the Constitution in one afternoon ... 

Article 135 of the pueblo español could not ratify it was modified and unconstitutionally. Well, that change forced Spain to several things ...that there was a maximum structural deficit of 0.4% and in 2020 public debt to GDP was 60% (44% central government, regional governments and 13% 3% LCs). 60% limits of public debt and structural balance must be met by 2020 ... Okey, that means that 3 - year Spanish debt should fall by 400,000 million euros ... And the structural deficit yesterday warned the trade show equal to at least 2% 2020 (in 2016 it was 4.33%).

That 2% structural deficit laugh because if you ride a business, and every year loses 2%, at the end he goes bankrupt ... 



You see that these are achievers and constitutional Spanish ...

published by Jordi Català