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Spanish public debt

Spanish economy 23rd April 2024

Public debt rose by 19.549 billion euros in February to 1.6 trillion euros

The debt of public administrations as a whole rose by 19,549 million euros in February compared with the previous month (+1.2%), reaching 1,602,662 million euros, a new record high, according to data published yesterday, Monday, by the Bank of Spain. This rise means that the debt of public administrations exceeds for the first time in history the barrier of 1.6 trillion euros, above the record reached in January of 1.583…

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spain foreign policy

Spanish economy 17th April 2024

Investment and productivity in Spain remain stagnant, according to McKinsey

In the report entitled “Investing in Productivity Growth”, the consultancy points out that data for Spain shows that since 2012, labour productivity growth has been 0.4%, compared to an average of 0.5% in the rest of the major European economies, and 1% in the United States. Spain, the report points out, has had a sustained low productivity growth for a quarter of a century – only in Italy has it…