Dijsselbloem Tells Spain to Take Care With Budget Data for EUBy
Spain’s caretaker government should be particularly diligent when submitting its budget to avoid a repeat of previous disagreements over details with the European Commission, said Jeroen Dijsselbloem.
“In the last couple of years there have been quite a few debates between Spain and the commission on the quality of figures and each time it turned out the commission was right,” Dijsselbloem, who heads the meeting of euro-area finance ministers, said in Luxembourg on Monday. “So I would like for the Spanish government to really scrutinize their figures and assumption before putting it into the budget.”
Euro-zone countries must submit 2017 budget proposals to the European Union’s executive body by mid October. Spain, whose government remains in limbo after two inconclusive elections, has breached the EU budget rules every year since 2008, though it avoided a fine earlier this year.