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Spain deficit slippage 'serious': EU

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EU economy commissioner Olli Rehn's spokesman Amadeu Altafaj said Madrid warned Brussels on December 30 of a slide of two percentage points compared with output on its deficit target for this year, then another half a percentage point two days ago.

"We need to shed full light on what went on Spain in 2011," Altafaj said.

Copyright AFP (Agence France-Presse), 2012