Economy minister discusses austerity drive with top EU official

The transcript discusses the absence of a request from Spain for assistance, the readiness of the Commission to act if needed, and the fiscal deficit goals that are within reach for Spain. It also covers the specifics of banking aid, its impact on debt, and the measures affecting public debt and GDP percentage.

What is the Commission's stance if a Euro area member state requests assistance?

• The Commission will impose sanctions.

• The Commission is ready to act if necessary.

• The Commission will ignore the request.

• The Commission will delegate the request to another body.

What is the Spanish government's approach towards fiscal deficit goals?

• They are indifferent to the goals.

• They plan to delay the goals.

• They aim to meet the goals with full determination.

• They have already met the goals.

How does banking aid affect Spain's debt?

• It has no effect on the debt.

• It increases the debt under different conditions.

• It decreases the debt.

• It eliminates the debt.

What is the average life span of the debt increase due to banking aid?

• 15 years

• 5 years

• 10 years

• 12 and a half years

What is the expected reduction in the percentage of GDP for all administrations?

• 5.0%

• 6.3%

• 7.5%

• 8.0%