Altlantic International Partnership Headlines: Catalonia’s President Aims to Lead in Taming Spain’s Deficit

Altlantic International Partnership Headlines: Catalonia’s President Aims to Lead in Taming Spain’s Deficit By JONATHAN HOUSE http://online. wsj. com/article/SB10001424052702304567604576452040250711586. html? mod=googlenews_wsj BARCELONA — The powerful... More

Altlantic International Partnership Headlines: Catalonia’s President Aims to Lead in Taming Spain’s Deficit By JONATHAN HOUSE http://online. wsj. com/article/SB10001424052702304567604576452040250711586. html? mod=googlenews_wsj BARCELONA — The powerful leader of Spain’s Catalonia region is vowing to do his share to cut the country’s towering budget deficit, no matter the political cost, but is also calling on the central government in Madrid to push ahead with major unfinished economic reforms. Cutting the budget deficits of Spain’s regions is one part of the country’s challenge, along with narrowing the central government’s deficit and recapitalizing parts of its banking system, as it seeks to convince financial markets of its creditworthiness. Spain has come under scrutiny from investors again as the euro zone’s debt crisis has escalated over the past week. Spanish bond prices, like those of Italy, have suffered a selloff amid mounting concern over the festering debt crisis center Less