CARGA_FINAL_ARTICULOS_CUADERNOS_20200729
Financing the Spanish public administration in 2013
The financing of the public administration in 2012 presented a mixed picture. The state managed to successfully meet its funding needs without incurring higher costs than in previous years, partly due to a reduction in the average life of outstanding debt.
The wholesale funding market of the Spanish banking system
Spain’s high levels of private debt, in particular bank debt, together with increased public debt levels, is making it extremely difficult for Spanish banks to tap wholesale funding marketscurrently their main source of funding.