×

Spain c.bank says big spending cuts unlikely in case of rescue

MADRID, Oct 4 (Reuters) - Spain's central bank governor Luis Maria Linde said on Thursday that any possible rescue package for Spain would likely not imply big additional spending adjustments for the government.

Speaking in a parliamentary hearing he also said that an increase in pension payments in line with inflation would pose a problem for the country meeting its public deficit targets this year.

(Reporting by Carlos Ruano; Writing by Nigel Davies)

((nigel.davies@thomsonreuters.com)(+34 91 585 2158)(Reuters Messaging: nigel.davies.thomsonreuters@reuters.net))

Keywords: SPAIN CBANK/