
Deficit miss signals tough adjustment for Spain’s next government
The 2016 target is 2.8% of GDP, but Madrid will struggle to bring figure down from current 5.2%

The 2016 target is 2.8% of GDP, but Madrid will struggle to bring figure down from current 5.2%

Finance minister will take corrective action in a bid to contain regional spending

Six of the country’s wealthiest municipalities are in greater Madrid

Spanish collection agency has released first public tally of taxpayers owing over €1million

Coutot Roehring specializes in tracking down heirs to unclaimed fortunes across the globe

OECD presents global avoidance project targeting firms such as Apple, Google and Amazon

Investor confidence boosts national inflows to €8.5 billion, a 73% rise from first half of 2014

PM sums up his achievements ahead of general elections due for the end of the year

Statistics Institute’s family budget survey reveals curious insights into consumer habits

The fiscal burden of citizens in 2014 was the highest seen in at least two decades With elections looming and signs of recovery in sight, households may get some relief

Government cites “deep-rooted tradition” of students who draw Christmas numbers

In a first, the state will inform taxpayers filing 2014 returns about ways their money is used

Government wants to ban gambling sites from publicizing odds during live sports events

2015 action plan will focus on hospitality, the self-employed and shell corporations

Suspects’ personal information analyzed for signs of assets not reflected on returns

Around 700 cases are up for review from a total of 31,000 tax filings

Many players under scrutiny for a tax-reducing system that authorities ignored for years
Trade deficit doubled in first half of 2014, putting damper on government’s GDP growth forecast

Homeowners who returned keys to bank and victims of preferential share scam also to benefit

Spanish government announces relief for taxpayers ahead of 2015 election campaigns

Statistics institute says GDP will grow up to 4.5% once black economy and other changes added

Protesters demand a referendum to decide on future of the monarchy following king’s abdication

Health-management company thought to have used transactions for write-offs, sources tell EL PAÍS

Spanish businessmen fly to United Arab Emirates in hope of seeking new investments
“I’m incorrigible – what can I do?” says finance chief Montoro of his gaffe on Monday “We are here to do our jobs, not to make announcements,” he adds

Montoro says corporate tax reductions and lower levies on savings are also in the pipeline
But declining consumer prices raise the specter of deflation in Spain and Europe “We have reduced spending, but not by cutting back on elements of social cohesion” says minister