Spain Revises Up 2012 Deficit as Eurostat Requests Data Changes

Spain Revises Up 2012 Deficit as Eurostat Requests Data Changes

David Ramos/Bloomberg

The European Commission forecasts Spain’s debt-to-GDP ratio will rise above the euro region’s average this year for the first time since the single currency was created, after its borrowings jumped 20 percent last year to 84.1 percent of GDP.