Spain is now playing the same game. Reuters reports this morning that Spain's public deficit reported Friday as 8 percent of GDP is likely to actually have exceeded 8%.
Maybe we should have an SD contest for Spain's actual public deficit.
The Doc's gonna go with 19%.
Spain's public deficit could have exceeeded the 8 percent of gross domestic product forecast by the new centre-right government on Friday, the Economy Minister Luis de Guindos said on Monday.
The original deficit target for last year was 6 percent of GDP, but the conservatives said last week that the target had been missed due to higher-than-expected shortfalls by the regions, the central government and the social security system.
The new government had a very aggressive reform agenda planned for the next few weeks and months, Guindos added during a radio interview.