Spanish authorities Thursday, 27/09/12, announced another package of measures to reduce the budget deficit and reduce government spending. According to Bloomberg, in accordance with the plans of the government, the budget deficit in the next year is to be reduced to 4.5% of GDP. In the current year, by comparison, it was 6.3% of GDP.
Among the new measures - tax on lottery winnings and reduce costs ministries. Government revenues in the coming year, according to the announced plans to increase by 2.7% to 175.2 million euros, while 5.6% will increase spending.
Next year's budget, approved by the Spanish Government, is designed to ensure that the commitments to its European Union partners and end the recession. In the cabinet suggest that the recession will be the last year of 2013.
Today, Spain's budget deficit - the third largest in the European Union. Unemployment in the country is 25%.
By September of this year, five of the 17 provinces of the country to ask for financial assistance appealed to the central government. Regions that are suffering from the debt crisis, want to get money from the stabilization fund. In October, the fund should start. A volume of 18 billion euros.