Spanish Economy Minister Luis de Guindos will meet with the European Commissioner for Economic and Monetary Affairs, Olli Rehn, next week to agree the deficit margins Spain must achieve to fulfill EU requirements.
De Guindos will request to meet the 3 per cent deficit goal by 2015 instead of 2014, with a 6 per cent deficit in 2013 and 4.5 per cent in 2014.