Thu. Mar 21st, 2019

Moscovici announces that Spain "most likely" will leave the strict control of Brussels in March

Moscovici announces that Spain "most likely" will leave the strict control of Brussels in March


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BrusselsUpdated:

The European Commissioner for Economic Affairs, Pierre Moscovici, said Monday that Spain will leave "most likely" next March of the procedure for excessive deficit.

This announcement was made during a press conference in Paris, in which he pointed out that "Spain will most likely exit the procedure due to excessive deficit next March. In this way, we will pass a painful page ». In clear reference to the debt crisis that has hit during the recession to the Eurozone and put to the test the wicker of the euro.

The fact is that Spain is the last country in the Eurozone to be under the excessive deficit procedure.

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