The debt of the public administrations as a whole reached
1.42 trillion euros
in June
, a
new historical maximum, after growing almost
1.7% in the monthly rate,
which has led to two consecutive months of
growth
, according to the data published this Tuesday by the Bank of Spain.
Using the nominal GDP of the last four quarters, the debt-to-GDP ratio stood at 122.1% in the second quarter of 2021,
above the target established
in the Stability Plan of 119.5% of GDP.
Compared to June last year, public debt has increased by 134,607 million euros, which represents a 10.4% rebound, as a result of the Covid-19 crisis, which has cut income and raised expenditure to finance approved support measures.
According to the criteria of The Trust Project
Know more
GDP
Coronavirus
Crisis
Covid 19
Taxes
economy
Economy Spain will have one of the? Rebounds?
World's Largest GDP After Covid's Record Crash
Half-year results Iberdrola earns 18% less due to the tax increase in the United Kingdom and lower capital gains
LoteríaONCE: Daily Coupon Draw for Thursday, August 5, 2021
See links of interest
Last News
Holidays 2021
Home THE WORLD TODAY
Podcast Economia
Stage 3: Santo Domingo de Silos - Espinosa de los Monteros.
White Picon
Villarreal - Granada CF
Elche - Athletic Club