MADRID: Spanish public debt fell by 3.3 billion euros ($4.11 billion) in October from a month earlier to 1.02 trillion euros, Bank of Spain data showed on Wednesday.
Gross public debt was the equivalent of 96.9 percent of 2013 gross domestic product, according to a Reuters calculation using revised gross domestic product data from the National Statistics Institute, down from 97.2 percent in September.
The government expects to end 2014 with a debt-to-GDP ratio of 97.6 percent and expects this to hit 100.3 percent by the end of 2015.
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