Rajoy Struggles for Credibility as Spanish Deficit Misses Target

  • Shortfall hit 5.2% in 2015 against EU-set target of 4.2%
  • Commission reiterates concerns about Spanish fiscal record

Caretaker Prime Minister Mariano Rajoy, who made his record on the economy the focus of his re-election bid in Spain last year, is struggling to retain his credibility.

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