Publications
Spanish private debt dynamics: Indebttedness and debt service in a European context
Maudos, J.
Source: SEFO (Spanish and International Economic & Financial Outlook)
Abstract
The deleveraging efforts of Spanish households and corporates has helped to bring down debt levels as a percent of DGP, as well as the debt servicing burden – both in absolute terms and compared to other EU countries. Ongoing deleveraging efforts, together with the persistence of benign funding conditions, will be needed to further bring down debt ratios and reduce financial vulnerability.
Recommended citation
Maudos, J.: «Spanish private debt dynamics: Indebttedness and debt service in a European context», SEFO – Spanish Economic and Financial Outlook, 6(4), July, pp. 55-65.
