Spanish public debt ratio to hit 94.2% in 2013
Arab Today
Spain's public debt ratio will rise to 94.2 percent of output at the end of 2013 and then to 99.8 percent at the end of next year, according to the government's budget presented Monday in parliament. The forecast for 2013 is far higher than the government's earlier prediction that the debt-to-GDP ratio would stand at 90.5 percent at the end of this year.
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