Moscovici Tells Spanish Lawmakers Deficit Goal Needs More Time

  • Spain has been under EU's budget correction process since 2009
  • Commission to deliver verdict on 2015 budget breach next month

Pierre Moscovici

Photographer: Simon Dawson/Bloomberg

Economic Affairs Commissioner Pierre Moscovici told a group of Spanish lawmakers in the European Parliament that he realizes Spain may need more time to cut its budget deficit.

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