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 and/or rule:
“There are no golden geese. There are only fat geese eating the food that could nourish more athletic opportunities for women.”
—Donna A. Lopiano (b. 1946)
“The rule is, jam tomorrow and jam yesterday—but never jam today.”
—Lewis Carroll [Charles Lutwidge Dodgson] (1832–1898)