ELENA SALGADO, Minister of Economy and Finance

We have submitted an austerity plan until 2013 which obviously needs to be updated every year in the Stability and Convergence Pact with all the data that is sent each year to the European Union.But there are no other specific measures.What there is, is a commitment by the Spanish government that if there are variations from the budget implementation, to solve these variations so that in any event the deficit in 2011 is 6%, which is the commitment we have made and the commitment which the Commission says is correct.

I clearly believe that no one spoke of further measures at yesterday's Eurogroup. It was I who said: we will reach a 6% deficit in 2011. We will have to reach 3% in 2013. So obviously in 2012 and 2013 we will have to keep doing things.But no one demanded anything.  

What there was yesterday was support for Spain's and Portugal's measures. And it was the Spanish minister who said that in 2012 and 2013 we will continue working towards this.