Catalonia defies Madrid on deficit

The economically important Spanish region of Catalonia in June 2011 again defied the central government over budget targets and said its deficit for the year would reach €5.4bn or nearly 2.7 per cent of gross domestic product, double the official limit of 1.3 per cent.

ESO: Background information: Spain’s regions urged to stick to deficit limits http://www.europeansources.info/record/spains-regions-urged-to-stick-to-deficit-limits/

El Pais, 31.5.11: Spanish regions miss public deficit target at start of year http://www.elpais.com/articulo/english/Spanish/regions/miss/public/deficit/target/at/start/of/year/elpepueng/20110531elpeng_3/Ten

---