Citizens already pay the lack of Spanish dialogue: Spain will lose 3,300 million and 75,000 fewer jobs will be created.
Independent Authority Fiscal Responsibility (trade show) has quantified the cost of the crisis in Catalonia can have: a negative impact on gross domestic product (GDP) to 1.2% in 2018, which would mean a loss of wealth of just over 13,000 million euros.
"The impact of the common component of uncertainty shock in 2018 is estimated at between 0.4 and 1.2 percentage points of GDP, depending on the degree of permanence of the stressed scenario" explain sources of the trade show, adding that "turn this effect would result in a deterioration in the budget balance "between 2 and 5 tenths.
This would mean that in the worst scenario, Spain's GDP will grow only 1.5% in 2018, because without the Catalan effect the trade show estimated the economy would grow by 2.7%, and the deficit could reach even 2.7%, well above the targets that Government has agreed with Brussels.
This would mean that in the worst scenario, Spain's GDP will grow only 1.5% in 2018, because without the Catalan effect the trade show estimated the economy would grow by 2.7%, and the deficit could reach even 2.7%, well above the targets that Government has agreed with Brussels.
The complicated context also have an economic impact in 2018, but according to point from the Tax Authority would have to be very large so that growth is less than 3%. Therefore, the technical body maintain that the economy will grow by 3.1% this year.
You imagine if independence is declared ...
Here the full report:
http://www.airef.es/documents/10181/634316/20171018+Informe+Previsiones+Macro+DBP+2018_clean.pdf/4c813efb-adc2-4d90 -aef6-afe160fd023d
You imagine if independence is declared ...
Here the full report:
http://www.airef.es/documents/10181/634316/20171018+Informe+Previsiones+Macro+DBP+2018_clean.pdf/4c813efb-adc2-4d90 -aef6-afe160fd023d
