Author Topic: National debt in Spain  (Read 209 times)

Offline AwakeSnoopy

  • Newbie
  • *
  • Posts: 15
  • Karma: +0/-0
    • View Profile
National debt in Spain
« on: November 01, 2013, 11:07:18 PM »
Does anyone here knows, how much is the cost of servicing the national debt for "Spain" from 2005 - 2010?
« Last Edit: November 01, 2013, 11:07:18 PM by Guest »
Logged



Offline AwakeVibrant

  • Newbie
  • *
  • Posts: 8
  • Karma: +0/-0
    • View Profile
Re: National debt in Spain
« Reply #1 on: November 02, 2013, 06:01:14 PM »
I cannot answer you in specific terms. However, I can give you a background of Spain's debt situation.

Before the crisis of 2008, Spain is doing well. In fact, it is one of the countries in Europe with a robust economy. However, because of the global financial crises in 2008, Spain's economy has contracted. It is one of the countries that may default on its debt payment, along with Greece and Italy.
« Last Edit: November 02, 2013, 06:01:14 PM by Guest »
Logged

 
Tags: