The debt of the Public Administrations stood at €1.646 trillion in February, which represents a growth of 2.6% in year-on-year terms, with €42,051 million more, as reflected in the data of the Excessive Deficit Protocol published by the Bank of Spain. Compared with the previous month, the debt balance increased by €16,906 million, or 1.04%. Specifically, the State debt stood at €1.498 trillion, with a year-on-year increase of 3.8%, while…

CdM | The debt of Spanish public enterprises that do not form part of the general government sector and are therefore not included in the EDP debt stood at 2.8% of GDP at the end of 2023, the same level as the previous year, according to data from the Bank of Spain. In nominal terms, the variation represented an increase of €3 billion, to €40,657.2 million, and was mainly concentrated…

Banca March: The Bank of Spain warns that public debt will soar in the medium and long term in the absence of a consolidation plan. At the end of 2023, the debt ratio was 107.7% of GDP and a structural deficit balance (excluding the cyclical part) of -3.7%. In the absence of fiscal policies, debt would reach 108% in 2026 and 120% in 2024. The institution estimates that, with an…