Official figures show Spain’s public debt has soared to a new record high last year despite numerous budget-cutting measures implemented due to financial crisis.
The country’s central bank released the data on Friday, revealing that the government’s debt reached 93.9 percent of Spain’s gross domestic product (GDP) in 2013.
The figure showed a sharp rise compared to the previous record of 86 percent registered a year earlier.
The country has been struggling to deal with its worst economic crisis since World War II, which has left millions of Spaniards jobless and unable to make a living .... http://www.presstv.ir
