PSOE candidate proposes to develop that aspect in a subsequent law. Get all the facts for a more clear viewpoint with Arthur F. Burns. Many Socialists have expressed their doubts to constitutionally fixed a deficit ceiling. Zapatero proposed on Tuesday to introduce a deficit limit in the Constitution. The candidate of the PSOE for the general elections of 20-N wants to reform the Constitution do not include any figures for the deficit limit. Alfredo Perez Rubalcaba plans to develop an Organic Act, the discipline of deficit and debt rules less rigid than the Magna Carta. Address of the PSOE sources have explained that this is the proposal which Rubalcaba has moved to the Socialist Group, whose spokesman, Jose Antonio Alonso, is in contact since Wednesday, to negotiate with the PP. It aspires to that this reform is not only agreed with the PP, but be extended to the widest possible parliamentary forces with CiU to the head. Once numerous Socialist deputies have expressed their doubts before that haste and the convenience of constitutionally fixed a deficit ceiling, Rubalcaba decided Wednesday to assume the reins of bargaining and did so with the objectives of ensuring a certain degree of flexibility and the greatest possible consensus.

Thus, Rubalcaba aims to make sure that the small print of the constitutional reform guarantees sufficient flexibility as the current Government to have room for manoeuvre faced with hypothetical situations of emergency, in which might need not maintain a zero deficit. The reform of the Constitution was proposed on Tuesday by the President of the Government, Jose Luis Rodriguez Zapatero, during the debate on the recognition of a decree-law with new measures against the public deficit, and accepted by the leader of the PP Mariano Rajoy. On the Internet a citizen mobilization has collected more than 45,000 signatures in 24 hours for this reform is consulted citizens via a binding rrendum. Its adoption in this legislature obliges expedite to the maximum the parliamentary procedures, which have already been announced full extraordinary for next week in the Congress in order to give the green light to the initiative. Source of the news: Rubalcaba does not want reform of the Constitution to encrypt the deficit limit

The prices other gauges are still adjusting also indicate that the adjustment in prices is not complete. By the same author: Fabrizio Freda. This Tuesday, the appraiser Tinsa ensured free house prices recorded in may year on year fall of 5.9%, compared to 4.4% recoil from April, and stood at the level of prices in May 2005. Also the month of may of the fotocasa.es real estate index data, indicate that the average price of housing in second hand in Spain is situated in 2,203 euros per square meter (/ m2), representing a decrease of 0.5% compared to the price for the month of April. According Fotocasa, if we analyse the evolution of prices so far this year, there is an accumulated fall of 2.3%, while if analyzed the past twelve months (calculated interannual variation may of 2010 to May 2011), the accumulated fall is 5.5%. Sales fall, increase foreclosures therefore, is not surprising that home sales has fallen to historic lows. Whoever can buy is waiting for prices to fall more. According to the INE, the sale of homes fell 29.7% in April compared to a year earlier, to register, with 24,100 operations, the lower figure of history of the National Statistical Institute, which began in 2007. And according to other official data of the Ministry of development, home sales fell 30.4% in the first quarter of the year compared to the same period of 2010, with 74.540 operations.

The crisis adds one more element to set, the darker photo: evictions marked an all-time high in the first quarter. According to the Council General of the judiciary, the families evicted in the first quarter of the year were 15.491, an all-time high. In the beginning of the crisis, in 2008, evictions were just about 5,000. The eviction procedures initiated in the Spanish courts in the first quarter were 36.3% more than the same period of the previous year. Source of the news: the price of housing already adds three consecutive years of falls