Coming to a state pension near you? Aiming to save euros, the Spanish government will raise...

|By:, SA News Editor

Coming to a state pension near you? Aiming to save euros, the Spanish government will raise pensions 1%-2% in 2013, less than 2.9% inflation rate at which it pledged to hike payments. The move will save about €3.8B, helping the government stay within its EU-mandated deficit target.