No Sanctions, No Fines | Sanctions on Spain and Portugal will delay economic recovery, generate poverty and create more disaffection with the EU

Sanctions on Spain and Portugal will delay economic recovery, generate poverty and create more disaffection with the EU Brussels, 25 July 2016 – On 12 July 2016, the Council found that Portugal and Spain had not taken effective action in response to its recommendations on measures to correct their excessive deficits. It confirmed that the two countries will not…