Indebtedness fueled by persistent deficit and bank bailout loan
Spain’s persistent deficit and the some 41 billion euros it borrowed from its European partners to clean up its banking sector has caused he country’s debt/GDP ratio to surpass the average in the euro zone for the first time since the single currency was introduced in 1999. Read more.
El País
Related,
- Spain formally exits bank bailout program in better shape - El País
- IMF triples its growth forecast for the Spanish economy - El País
- Spain ready to exit bank bailout scheme (video) - Al Jazeera
Spain’s public debt above euro-zone average for first time ever
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment