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Tag Results for "Spanish Debt"

Spain’s Public Debt Rises to Record High $1.3 Trillion

Spain's public debt at the end of June rose to 942.8 billion euros ($1.3 trillion), equivalent to 92.2 percent of gross domestic product and a new record high, the Bank of Spain said Friday. continue reading »

Spain’s New Gov’t Announces Tough Austerity Measures Amid Higher than Expected Deficit

Spain's new conservative government, led by Prime Minister Mariano Rajoy, announced Friday an austerity package that includes spending cuts of 8.9 billion euros continue reading »

First Time in Spain’s History: More People Leaving Country Then Immigrating to It

The economic crisis that broke out in 2008 will result in a net outflow of people from Spain seeking work, the first time since figures have been kept that such an situation has occurred. continue reading »