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EU sent inspectors to examine Spain deficit figures
Spain said this month that its budget deficit came in at 8.5 percent last year, far above the Commission's expectation for a figure around 6.0 percent. The government also said it wouldn't meet its target for this year of 4.4 percent, saying the deficit would be 5.8 percent.
"Technicians of the European Commission have been in Madrid this week to collect information on the (2011) public accounts," said Amadeu Altafaj, the Commission's spokesman on economic and monetary affairs. "It is a normal practice in all countries under an excessive deficit procedure."
(Writing by Luke Baker; reporting by Julien Toyer in Madrid)