Spain's Salgado says no VAT, fuel tax increases Reuters: "Spain's Socialist government last week said it would raise taxes on tobacco as it seeks to reduce Spain's deficit.
But Salgado ruled out co-payment on medicines by patients to raise revenues.
Another of the measures announced last week, the partial privatisation of airports authority AENA, could raise 8 billion euros ($10.56 billion), Salgado said.
Salgado said Spain's deficit target was 'unconditional', and it would revise its budget if required to hit the target.
The economy minister said the yield on Spanish government debt was not alarming and did not rule out yields on bond auctions rising in the coming weeks.
She added that no rescue package for Spain had ever been contemplated. Market attention has turned to Spain following an aid package for Ireland."
:Text may be subject to copyright.This blog does not claim copyright to any such text. Copyright remains with the original copyright holder.
You Might Also Like :
0 comments:
Post a Comment