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Unlike Germany, Spain will not specify the size of the deficit cap in the constitution. According to the draft, the new clause will merely say a cap must be set by either the European Union or, in its absence, the Spanish parliament. The limit could also be broken at times of recession or national crisis.

just marketing pr that means nothing.

by rootless2 on Sun Nov 20th, 2011 at 10:49:14 AM EST
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