MADRID: The public debt of Spain has increased by 6.1 billion euros ($7.1 billion) in November from a month earlier to 1.02 trillion euros, Bank of Spain data showed.
Gross public debt was the equivalent of 97.5 percent of 2013 gross domestic product (GDP), according to revised GDP data from the National Statistics Institute, up from a revised 96.9 percent in October.
The government expects to have ended 2014 with a debt-to-GDP ratio of 97.6 percent and predicts this will hit 100.3 percent by the end of this year.
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