Luis de Guindos

Can govern from Belgium

Barcelona - Muslimchronicle

Catalonia's former leader Carles Puigdemont, who was sacked by Madrid over his attempt to break from Spain, said Friday he can govern the region from Belgium where he is in self-imposed exile as he eyes a comeback after scoring big in elections. "There are only two options: in prison I would not be able to address people, write, meet people," Puigdemont,Read more

Spain anticipates public service 'resistance' to power takeover

Madrid - Muslimchronicle

Spain Thursday urged Catalonia's regional civil servants to cooperate with officials sent from Madrid, as it anticipated "resistance" to its plans to take control of the region's institutions. Unless Catalonia abandons all secessionist moves, the Spanish senate is set to launch measures on Friday to depose the regional government and take over its institutions, police and public broadcaster by Saturday.Read more

Spain boosts social spending in long-delayed 2017 budget

Madrid - AFP

Spain's minority government presented Friday its long-delayed draft budget for 2017 which boosts social spending and moves away from austerity in a bid to win opposition support for the spending plans. Budget Minister Cristobal Montoro said the budget would "fuel growth and employment" while at the same time allowing Spain to meet the deficit targets agreed with the European Union.Read more

‘Spanish economy may beaten 3.2%

Madrid - Arab Today

Spain’s economic growth may have exceeded the 3.2 percent pace officially projected by the government for 2016, Economy Minister Luis de Guindos said in a radio interview on Sunday. De Guindos also said Spain would be looking to maintain its net debt issuance target for 2017 at around €35 billion ($37 billion). A household spending revival, led by a turnaroundRead more

Spain deficit target 'perfectly achievable'

Madrid - XINHUA

Spain's Acting Minister of Economy and Competitiveness Luis de Guindos said on Monday that the public deficit target of 3.6 percent of GDP was "perfectly achievable." De Guindos made this statement to a local radio station, adding the European Commission "also sees it that way." He argued that the assessment of a country "should go beyond of a strict complianceRead more