Spain proposes tax hike to dodge EU deficit fine
Spain economy
Madrid - Arab Today
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Spain's acting Economy Minister Luis de Guindos on Tuesday proposed hiking taxes to avoid a fine from the European Commission for repeatedly failing to bring government deficits into line. "We are going to propose a measure regarding corporate taxes" that will raise six billion euros ($6.6 billion), he told a televised news conference in Brussels after eurozone finance ministers agreed to officially begin a sanctions procedure against Spain. |
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