Happy days

Pubblicato il 27 Settembre 2012 da Veronica Baker

Spanish Retail Sales Fall -2.1% Y/Y

…after a revised 7.4% fall in July ( 26th consecutive monthly fall ! ) ,  but better than expectations of -6.1% ( rotfl ! )…

And today  Spain will announce a series of economic reforms and a tight 2013 budget on Thursday, aiming to avoid the political humiliation of having Brussels impose conditions on a request for an international bailout : reforms intended to win over skeptical investors and control spending are likely to include a new tax oversight body as recommended by Brussels, limitations on early retirement, new taxes on greenhouse emissions and stock transactions and eliminating some tax exemptions…

Happy days to come ! 🙁

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