Spanish Government Ended 2013 in November to Reduce Deficit
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Spain brought forward the deadline for approving spending in the annual budget for the second straight year in 2013 as officials battled to meet their deficit target.
The deadline for central government managers to submit requests to spend money from last year’s budget was set for Nov. 25 compared with Dec. 3 in 2012, according to Budget Ministry orders published in the Official Gazette. In 2011, the cutoff was Dec. 30.