Spanish public administration debt hits record €83bn in 2020
The debt of all Spanish public administrations with their private suppliers amounted in 2020 to €83 billion, a record and 39.4% more than in 2016, the Bank of Spain has revealed, EURACTIV’s partner EuroEFE reports. Following the publication of these figures, the confederation of Spanish Small and Medium Enterprises (Cepyme) called on the Spanish government on Wednesday to act quickly to solve the situation “without delay”, particularly since the pandemic is forcing “300 companies” to close each day amid uncertainty “about the amount and terms of the direct aid (to SMEs)” persi...