Spain Closed 2017 With Largest Deficit In The EU, But Less Debt Than Initially Estimated
The deficit of Spain´s public administrations was 3.1% of GDP last year, the highest in the European Union, above the 3% registered by Portugal, and followed by Rumania (-2.9%), France (-2.7%) and Italy (-2.4%). This is according to the data published by the European Statistics Office, Eurostat, which has downgraded by two points Spain´s public debt to 98.1% of GDP.