Spain committed to 102 BN euros in adjustment by the end of 2014 (ElPais)
The Spanish Government presented to Brussels the two-year plan 2013-2014, commitment required by the European Commission
in return for one year postponement to achieve the deficit target. The plan contains 102 billion euros of adjustment measures by the end of 2014. Prepared by the Ministry of Treasury, it expects a reduction of 13 billion euros in 2012, 38 BN in 2013, and 50 BN in 2014.