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" Let nobody be fooled, the next two quarters are not going to be easy either in terms of growth or employment. "
Luis de Guindos
Growth
Going
Easy
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" In the medium and long term. Spain is solvent and able to pay its high debts. In the short-term, we have the capacity to meet our obligations. "
Luis de Guindos
Long Term
Long
High
" Those who have the most, who earn the most, must give an example, because that is important for Spain's collective effort. "
Luis de Guindos
Effort
Earn
Spain
" I don't know if we're on the edge of the precipice, but we're in a very, very, very difficult situation. "
Luis de Guindos
Very
Difficult
Edge
" I don't think I've been too optimistic. The government believes the contraction will be around 1.5 per cent, as the central bank said. However, we're waiting to see the Commission estimate. "
Luis de Guindos
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Government
Said
" We rule out raising taxes this year. "
Luis de Guindos
Taxes
Year
Out