Madrid May Boost Transport Ticket to Cut Deficit, Expansion Says
By Esteban Duarte -
2012-03-21T07:22:38Z
Madrid’s regional government may increase the cost of transport tickets as part of measures to reduce its deficit, Expansion reported.
Tax revenue last year declined by about 1 billion euros ($1.33 billion) below the administration’s estimates, Expansion said.
To contact the reporters on this story: Esteban Duarte in Madrid at eduarterubia@bloomberg.net
To contact the editor responsible for this story: Emma Ross-Thomas at erossthomas@bloomberg.net
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