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Spain plans to issue gross 215.3bn euros debt in 2018

Published April 3, 2018 Updated April 3, 2018 11:49am

Net debt issuance would total 40 billion euros, the ministry said in its budget proposal document.

The government hiked its 2018 growth forecast to 2.7 percent from a previous 2.3 percent last week, as it unveiled the overdue budget draft, which however lacks parliamentary support.

The budget ministry expects to borrow 15.2 billion euros to cover social security and pension payments.

 

Copyright Reuters, 2018