Spain’s Diaz Says Deficit in 2011 May Reach 8.2%, Pais Says

Spanish Interior Minister Jorge Fernandez Diaz estimates that the country’s public deficit in 2011 may reach 8.2 percent of gross domestic product, El Pais reported, citing Diaz.

Diaz made the comments yesterday after Economy Minister Luis de Guindos said during a radio interview with Cadena Ser that the deficit could exceed 8 percent of GDP, the newspaper said.

To contact the reporter on this story: Sharon Smyth in Madrid at ssmyth2@bloomberg.net

To contact the editor responsible for this story: Andrew Blackman at ablackman@bloomberg.net

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