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EU Could Give Spain Another Year to Meet Deficit Goal, Pais Says

May 30 (Bloomberg) -- The European Commission plans to ask European Union finance ministers for their approval for Spain to have one more year to meet the budget deficit target of 3% of gross domestic product, El Pais reported. * Deficit goal of 3% would be delayed to 2014 instead of 2013, the newspaper said * Commission also asks for measures including an increase of VAT, El Pais reports * El Pais cites a draft of recommendations by the commission to be presented today * Link to website:

To contact the reporter on this story: Manuel Baigorri in Madrid at

To contact the editor responsible for this story: Kenneth Wong at

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