The state and communities delve into the wound of debt … – 20minutos.es

The state and communities delve into the wound of debt … – 20minutos.es

The debt of all public administrations increased by 6.13% in the third quarter of 2014 and reached 1.020 billion euros, equivalent to 96.8% of GDP, another up to the time series.

According to data released Friday by the Bank of Spain, the debt of the Central Management 7% increased (up to 891 936 000, equivalent to 84.6% of GDP), the regions increased 16.15% (up to 232.009 million, equivalent to 22% of GDP) and the councils lowered 6.7% (up to 40.781 million, equivalent to 3.9% of GDP). Meanwhile, the debt of the Social Security is Euro 17,200 million , slightly higher than a year ago, when it stood at 17,190.

Catalonia, the most indebted

Catalonia, Valencia, Madrid and Andalusia still was concentrating most of indebtedness debt rose in the third quarter in thirteen regions Catalonia, Valencia, Madrid and Andalusia continue concentrating most of indebtedness of the regional governments, with 65.3% of the total.

Thus, the Catalonia debt amounted to 63,075,000 of euros , followed by Valencia, with 35.892 million euros; Andalusia, with 27,654,000, and Madrid, with 25,063,000. Below Castilla-La Mancha (12,488,000), Galicia (9816000), Basque Country (9123000), Castilla y León (9.470 million), Balearic Islands (7.597 million), Murcia (6.673 million) and Aragon (5999000 ). Close the Canary table (5726000), Asturias (3425000), Navarra (3327000), Extremadura (2,960 million), Cantabria (2.393 million) and La Rioja (1,329,000).

percentage of GDP , Valencia, whose debt accounts for 35.8% of GDP , Castilla-La Mancha (33.7%), Catalonia (31.8%) and Baleares (28.3%) are the communities where its debt is higher in relation to their wealth. By contrast, Canarias (13.8%), Madrid (13.3%) and the Basque Country (14.1%) are the regions where debt weighs less on GDP.

Finally, between local corporations, Madrid is the most indebted municipality in the third quarter , with some “red numbers” of EUR 6.907 million of , 0.23% less than in the previous quarter. Barcelona, ​​meanwhile, has a debt of 985 million euros, in this case 2.57% lower than the previous three months.

Banks reduce its debt to the ECB

The debt of Spanish banks with the European Central Bank (ECB), meanwhile, fell in November by 2.45% to 150.994 million euros of , for which delves into the lowest since January 2012.

The debt of banks with Mario Draghi presiding body maintains downtrend for more than a year ago. From Thus, the decline that has occurred on year reaches an amount of 69.518 million euros, representing a reduction of 31.5% in the last twelve months.

The debt of financial institutions increased by nearly 80,000 million euros in March 2012 and exceeded 200,000 million. It is now clearly below this barrier and far from the maximum of 388,736,000 registered in August 2012 .

This amount is outstanding entities resident in Spain yet have pending return to the European Central Bank as a result of funding the agency has previously granted.