Spain public debt hits record high in second quarter

GMT 08:51 2013 Friday ,13 September

Arab Today, arab today Spain public debt hits record high in second quarter

Arab Today

Spain's public debt surged to a record high, equal to 92.2 percent of total economic output in the second quarter of 2013, the Bank of Spain said Friday. Public debt in the eurozone's fourth largest economy leapt by 14.7 percentage points when compared to the same period last year, the bank said in a report.

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