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EU Gives Spain More Time on Deficit

Euro zone ministers have agreed to grant Spain an extra year until 2014 to reach its deficit reduction targets in exchange for further budget savings and set the parameters of an aid package for Madrid's ailing banks.

http://www.thv11.com/video/1727925857001/1/EU-Gives-Spain-More-Time-on-Deficit http://cdn.newslook.com/e5/e5d78068e8e0acea2ac722b048c1e98e/images/frame_0002.jpg EU Gives Spain More Time on Deficit Euro zone ministers have agreed to grant Spain an extra year until 2014 to reach its deficit reduction targets in exchange for further budget savings and set the parameters of an aid package for Madrid's ailing banks. olli RehnFinanceeuro zonemadridinternationalEuropeeconomic policyNewsspainbusinessJean Claude JunckerBreaking International NewsmoneynewslookWorld 01:46

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