EU’s Rehn: Any decision on Spanish deficit targets to be taken when all economic data has been released by Eurostat

This alludes to the Telegraph story I put up earlier, that Spain has asked Brussels to change their deficit targets. Well at least I think it does.

• Expects Spain to share all information with EU over fiscal slippages in 2011
• EU countries facing close market scrutiny must be ready to pursue further fiscal measures if needed
• Essential that Spain ensures sustainability of its public finances

Don’t sound like they’re gonna be in luck