A woman begs for money on a commercial street in Palma de Mallorca on the Spanish Balearic island, October 9, 2012. The IMF said today in its Fiscal Monitor report that the country's deficit would reach 7 percent of GDP in 2012 and 5.7 percent in 2013, compared with the targets agreed with the European Union of 6.3 percent in 2012 and 4.5 percent in 2013.
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