Spain Remains Among the Five Most Indebted Eu Countries Although Its Deficit Remains Below the 3% Required by Brussels

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Spain remains among the 5 most indebted countries in the European Union only surpassed by Greece (152.5%), Italy (137.9%), France (114.1 %) and Belgium (106.8%).However, the deficit in the first quarter has been reduced to 2.7% of GDP, compared to 3.1% in the previous quarter and 2.9% in the first quarter of 2024.This is below the maximum 3% set by Brussels, according to Eurostat.In particular, the public deficit of the Eurozone and the European…

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Belgium's public debt amounted to 106.8% of the Kingdom's gross domestic product (GDP) in the first quarter of 2025.

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Belgium's public debt amounted to 106.8% of the Kingdom's gross domestic product (GDP) in the first quarter of 2025, according to provisional figures published by Eurostat on Tuesday. Only three countries face a higher public debt: Greece (152.5%), Italy (137.9 %) and France (114.1 %). The average for the euro area and the European Union as a whole is 88 and 81.8% respectively. Compared to the first quarter of 2024, 13 Member States recorded an …

Consenso del Mercado

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Consensus of the Singular Market Bank According to the Ministry of Economy, Commerce and Enterprise, in May, Spanish exports increased by 2.7% in annual terms, reaching €34,999 million, highlighting the sales of capital goods (24%) and of lower energy exports (-32.7%). In parallel, imports advanced by 3.1%, standing at €37,542.3 million, highlighting the largest purchases of capital goods (14.8%), cars and parts (4.9%) and raw materials (10.7%)…

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Discover the hidden effect of litigation on the Spanish economy and what the data really indicate about the public deficit. Read more Litigation and its effect on the public deficit in Spain in News.es.

Expansión

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The Spanish debt stood at 103.5% of GDP in the first quarter of 2025, with an annual reduction of 2.8 percentage points, although it remains in the fifth highest position in the European Union, surpassed only by Greece, Italy, France and Belgium. Read