Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain's public debt rises 14 billion euros in March

Source: Reuters - Wed 18th May 2016
Spain's public debt rises 14 billion euros in March

Spanish public debt rose to EU1.1 Trillion in March, EU14 Bln higher than that recorded a month earlier, the Bank of Spain said on Wednesday.

Debt as a percentage of economic output stood at 101.3% at the end of March, according to Reuters calculations using end-2015 GDP data.

Using the government's projected 2016 GDP data included in its budget proposal for this year, debt stood at 95.9% of economic output.

Spanish debt-to-GDP was 99% at the end of December, the Bank of Spain said on March 15, slightly above the official forecast of 98.7%.

The government's debt-to-GDP targets are 98.5% for 2016, 96.5% for 2017 and 93.2% for 2018.

Recommended Reading :

* Spain's public debt over 100% of GDP for first time in more than a century

* Brussels asks Spain for EU8 Bln spending cuts

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs

Use the hair extensions pretty curling styling spray to evenly spray on the hair wigs part that wants to highlight the hair extensions uk curl, then use the curling iron to start at the horizontal line behind the ear, and the human hair extensions uk single layer is rolled, and the handsome yet playful hairstyle is born.