Fausta's blog

Faustam fortuna adiuvat
The official blog of Fausta's Blog Talk Radio show.

Thursday, September 30, 2004

New-Jersey-on-Iberia?
Barcepundit has the scoop on the latest Spanish budget"
CREATIVE ACCOUNTING: Oil prices will remain high "for quite a long time", says Spain's Industry Jose Montilla. How come then Pedro Solbes, the Finance minister and Montilla's colleague in Zapatero's cabinet, has just presented the budget proposal for 2005 in which the macro-economic picture relies on a 3% growth of GDP, a 6,2% increase in spending, provided the price of oil is a maximum of 33,5 USD a barrel, which is more than 15 dollars off its current price? (this last link in Spanish)

You would think McGreevey was doing the numbers.

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