Spain's Treasury sees debt-to-GDP ratio at 99.8 pct at end 2014

Reuters

MADRID, Sept 30 (Reuters) - Spain's Treasury projects thecountry's ratio of debt to gross domestic product (GDP) willrise to 99.8 percent by the end of 2014, according to details ofits 2014 budget published on Monday.

The debt-to-GDP ratio will be 94.2 percent at the end of2013, the Treasury forecast. It was 85.9 percent at the end of2012.

Spain's Treasury also said it would need to issue 243.9billion euros ($330 billion) of gross debt next year to covermaturing debts and new financing needs.

View Comments (0)