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Spain: record public debt at 88,2% of GDP, +9,2 points in one year

The increase, according to the report published by the Bank of Spain, is attributable both to the central administration and to the 17 autonomous regions of the country - The government estimates that the public debt burden will still grow up to 90,5% of GDP at the end of 2013

Spain: record public debt at 88,2% of GDP, +9,2 points in one year

Spain's public debt climbs to new all-time highs, standing at 922,82 billion euros at the end of March. In the first quarter, the ratio to GDP reached 88,2%, up by a good 9,2 percentage points on an annual basis. 

The increase, according to the report published by the Bank of Spain, is due both to the central administration and to the 17 autonomous regions of the country. The government estimates that the public debt burden will still grow to 90,5% of GDP at the end of 2013

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