IMF: Spanje zou zich moeten richten op een 'pro-jobs strategy'...
Madrid, June 18, 2013
Strong reform progress is helping stabilize the economy and external and fiscal imbalances are correcting rapidly. But unemployment remains unacceptably high and the outlook difficult. This calls for urgent action to generate growth and jobs, both by Spain and Europe.
Important reform progress is supporting the economy amid strong headwinds
1. Strong progress has been made on critical and difficult reforms since last years consultation. A major labor reform was instituted in July. Decisive action was taken to help clean up banks in the context of the ESM-supported financial sector program. A wide range of fiscal measures were enacted, at all levels of government, and transparency was sharply upgraded. Product and service market reform advanced. European policies were also strengthened, in particular, via the ECBs OMT program and steps to banking union.
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