Spain to propose tax hikes to hostile Parliament in first legislative test

[WorldNews]

Spain's conservatives will propose tax hikes as part of the 2017 budget on Friday, seeking to cut one of Europe's largest public deficits while looking to ease pressure on the regions in a concession to powerful opposition parties. The minority government must balance complying with EU deficit targets with placating the opposition as it attempts to navigate essential legislation through a hostile parliament. The People's Party (PP) took power in October after two inconclusive elections.

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