The regional government in the Balearics has admitted that there will be barely any growth of the economy during 2013: at most by an increase of 0.3%. Employment is not expected to show a significant rise until 2014. The region has failed to meet a target of reducing its deficit to 1.5% in 2012, but the government says that the deficit is not as much as 2%.
See more: Diario de Mallorca
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