Spain's energy deficit to rise by up to 3 bln euros in 2013-source

MADRID, July 12 Fri Jul 12, 2013 8:39am EDT

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MADRID, July 12 (Reuters) - Spain's energy tariff deficit will rise by between 2.5 billion euros ($3.3 billion) and 3 billion euros by the end of the year, an industry ministry source said on Friday after the government announced measures to tackle the gap between costs and prices.

The source said the tariff deficit would remain on companies' balance sheets and should be recovered through energy bills over the next 15 years.

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