EU sets worse forecasts for Spain than government: El Pais

The European Commission is forecasting a 1.5 percent decline in Spanish gross domestic product in 2013, significantly worse than the 0.5 percent contraction penciled in by the Spanish government, El Pais reported on Tuesday. Citing a draft of the forecasts which are due to be officially announce…

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EU sets worse forecasts for Spain than government: El Pais