spain\s public debt soars to record high
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Spain's public debt soars to record high

Arab Today, arab today

Arab Today, arab today Spain's public debt soars to record high

Madrid - AFP

Spain's public debt soared to a record 68.5 percent of economic output at the end of 2011, Bank of Spain figures showed Friday. The debt, up from 61.2 percent of gross domestic product a year earlier, breached the European Union limit of 60 percent. It was the highest since statistics in the current format were first published in 1995.

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