debt | The Corner .eu

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In Europe 4th August 2026

Avanza Previsión: “Spanish debt is holding up, but it cannot remain decoupled indefinitely from the pace set by Germany and France”

The rise in funding costs reflects growing political and fiscal tensions in France, as well as Germany’s increased borrowing requirements. Although Spanish debt is showing greater relative resilience, the writer maintains that “to believe this resilience amounts to an island of immunity would be an exercise in dangerous blindness”. Reported by Sergio Mensaque The European sovereign debt market is undergoing a period of profound upheaval, breaking through technical barriers that…

In Spain 9th July 2026

Spain proposes issuing €850 billion annually in common EU debt (without European debt, euro cannot rival dollar)

The Spanish Economy Minister, Carlos Cuerpo, will champion an ambitious proposal before his Eurogroup counterparts today to issue up to €850 billion annually in common European debt. The objective: to create a benchmark safe asset for the bloc’s companies, save billions in financing costs, and reinforce the status of the euro. The initiative, which Euronews has accessed, projects an outstanding balance of €5 trillion in just five years if the…

Spanish economy 27th April 2026

Spain now spends more on debt interest—€40 Billion—than on unemployment or defence

In 2025, spending on public debt interest reached €40.314 billion, nearly 4% more than the previous year, which closed at €38.793 billion. According to Government forecasts, this figure will rise again in 2026, reaching a cost of €42.059 billion. This stands in contrast, for example, to spending on unemployment benefits (approximately €25 billion) or defence (estimated at around €34 billion). In 2024, the cost of borrowing had already hit a…

In Spain, Spanish economy 18th September 2025

Spanish public debt moderates to 102.3% of GDP in July compared to a year ago, at €1.68 trillion

CdM | In July, public administration debt moderated its weight on gross domestic product (GDP) to 102.3%, a decrease of 1.9 percentage points compared to a year earlier. In absolute terms, it stood at €1.68 trillion, with a year-on-year growth rate of 3.9%, according to data from the Excessive Deficit Protocol published by the Bank of Spain. By subsector, central government debt stood at €1.525 trillion, with a year-on-year increase…

In the World 28th March 2025

Global debt issuance reached new high in 2024

Círculo de Empresarios | According to the OECD, in 2024 global debt issuance surpassed $25 trillion, while the global stock of debt exceeded $100 trillion. Following a brief pause during the pandemic, the global debt-to-GDP ratio has recovered its upward trend. More than half of OECD-sovereign and global corporate debt is currently paying interest costs below the prevailing market rates

In Spain 19th March 2025

Spanish public administrations’ debt at €1.630 trillion in January, up 2.8% year-on-year

Link Securities | Yesterday, Expansión newspaper reported that the debt of Spanish public administrations as a whole stood at €1.630 trillion in January, which represents an upturn of 2.8% in year-on-year terms. The amount is the second highest in the historical series, according to data from the Bank of Spain (BdE). In the last 12 months public debt has increased by €50,897 million, while in relation to the month of…

World economy 19th January 2024

The world is more than 20 times as indebted as it was 25 years ago. What will the new normal be?

Julio López (Attutude Gestión SGIIC) |Beethoven’s Symphony No. 5 in C minor was first performed in 1808, but gained particular prestige during World War II. The British noticed that the famous opening theme (da-da-da-dum) had the same rhythm as the letter V in Morse code (. . . …) so the symphony became a symbol of victory over Nazism: the BBC always began its broadcasts to occupied Europe with those…

Spanish economy 7th September 2023

Moody’s estimates Social Security system’s deficit will increase from 0.5% in 2022 to 1.4% in 2030

Link Securities| The risk rating agency Moody’s estimates that the Spanish Social Security deficit “will increase significantly” over the next two decades in the absence of new adjustment measures as a result of the ageing of the population and higher spending on pensions that involves linking their rise to inflation, which could negatively affect Spain’s credit rating, currently at “Baa1” with a “stable” outlook, according to the newspaper Expansión on…

European economy, In Europe 1st June 2023

ECB warns of risks associated with liquidity in real estate and debt market

Banca March| The European Central Bank (ECB) continues to see “vulnerability” in the markets given the new interest rate scenario, which in its opinion poses higher financing costs for companies and households that could trigger a liquidity crisis, given the need for massive asset sales in a hypothetical panic scenario. This vulnerability would be concentrated above all in real estate funds and in the debt market, this being one of…

In the World, World economy 17th May 2023

General consensus to raise debt ceiling in US Congress: “default is not an option”

Norbolsa | After Tuesday’s meeting, both Biden and congressional leaders were optimistic about a deal to raise the debt ceiling “in the coming days” even though McCarthy insisted that positions are still far apart. For his part, Biden publicly stated that during the negotiations there was a general consensus that “default is not an option” and thus lowered fears of a worst-case scenario.