spain’s public finances


Catalonia effect on Spain economy

Spain’s Mantra On Public Finances: Adjust Spending To Income

The figures in Spain are stubborn and worrying. Public debt will exceed 100% of GDP in 2016 and the deficit is not keeping pace with commited goals. So Spain’s public finances are a potential source of future instability, which the country cannot permit given that its external debt is close to 170% of GDP.