Spain’s interest payments on public debt are lower than in the 1990s
By CaixaBank research team, in Barcelona | Tensions in Europe’s sovereign debt markets have grown again, especially in the so-called peripheral economies. Increasing rumours regarding Greek’s possible exit from the euro area have played a significant part. In Spain, this escalation has been sharpened by further capital requirements for banks and the increasingly widespread doubts as to whether the fiscal deficit targets will be met, particularly after the upward revision…