Spain ready to intervene in autonomous region

The Spanish government was due to approve the future spending plans of the 17 autonomous regions in Spain on the 17 May 2012.

The autonomous regions, which manage schools and hospitals and account for just over half of all public spending, had been identified by the European Commission as posing a risk to Madrid’s chances of meeting its tough deficit reduction target for 2012.

El País, 16.5.12: Andalusia and Catalonia announce new cuts to curtail deficits http://elpais.com/elpais/2012/05/15/inenglish/1337110238_247594.html

ESO: Background information: Spain needs a new deal for its regions http://www.europeansources.info/record/spain-needs-a-new-deal-for-its-regions/

ESO: Background information: Madrid targets regions in austerity drive http://www.europeansources.info/record/madrid-targets-regions-in-austerity-drive/

ESO: Background information: Spain offered time to curb deficit / EU urges tougher bank plan for Spain http://www.europeansources.info/record/spain-offered-time-to-curb-deficit-eu-urges-tougher-bank-plan-for-spain/

El País, 15.5.12: Asturias premier turns over finances to EC after minister suggests intervention http://elpais.com/elpais/2012/05/15/inenglish/1337093431_292376.html

El País, 13.9.12: Belt-tightening regions in line to meet 2012 deficit target http://elpais.com/elpais/2012/09/13/inenglish/1347562791_076059.html

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