The Golden Rule in Spain
On the 7th of September 2011, the Spanish Senate approved an amendment to article 135 of the Spanish constitution introducing a cap on the structural deficit of the state (national, regional and municipal). The amendment will come into force from 2020.
Read more about this topic: Golden Rule (fiscal Policy)
Famous quotes containing the words golden, rule and/or spain:
“Eyes that last I saw in tears
Through division
Here in death’s dream kingdom
The golden vision reappears
I see the eyes but not the tears
This is my affliction”
—T.S. (Thomas Stearns)
“The one thing that doesn’t abide by majority rule is a person’s conscience.”
—Harper Lee (b. 1926)
“Heroic ages are not and never were sentimental and those daring conquistadores who conquered entire worlds for their Spain or Portugal received lamentably little thanks from their kings.”
—Stefan Zweig (18811942)