Spain treasury sec: room for pension hike in budget

MADRID Wed Nov 21, 2012 6:20am EST

MADRID Nov 21 (Reuters) - Spain's Treasury Secretary Marta Fernandez Curras said there was room in the state budget for a pension hike to take into account rising inflation this year.

Curras said pensions were considered, by definition, an open-ended budget item because of the effect of consumer prices.

She also said Spain was on track to meeting its budget targets.

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