Spain reports a budget deficit of €20.7B for the year's first 2 months vs. €9.3B last...

|By:, SA News Editor

Spain reports a budget deficit of €20.7B for the year's first 2 months vs. €9.3B last year. This works out to 1.94% of GDP, or an annualized pace near 12%. Madrid leads the way lower for Europe again, -1.1%. The Spanish ETF: EWP -1.7% YTD.