Spain | The economy's lending capacity improves in 2015
Published on Thursday, March 31, 2016
Spain | The economy's lending capacity improves in 2015
The Spanish economy's lending capacity increased to 2.1% of GDP in 2015 due to a greater recovery of investment than savings. For agents, it was highlighted the increase in corporate savings that improved its lending capacity and the increased in household consumption which resulted in a deterioration of their balance. Government reduced their deficit to 5.2%
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