Catalonia offers to take 11% of Spain's debt

junqueras
By Craig McGlashan, Victor Jimenez
28 Jan 2016

Catalonia’s new pro-independence government wants to negotiate with Madrid on the basis that it will take on 11% of the Spanish national debt, GlobalCapital can reveal. That would raise Spain’s debt-to-GDP ratio at a stroke from 99% to 111%, write Victor Jimenez and Craig McGlashan.

Oriol Junqueras, Catalonia’s new deputy president and finance minister, told GlobalCapital this week: “The criteria our government would prefer to bring to the negotiating table with the Spanish state — about what amount of the public debt we should take with us ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.