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.
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