Despite the lack of a government for 300 days, Spain’s economy shows positive dynamics. Reported by the BBC.
According to statistical service Eurostat, unemployment in the country began to decline. So, from November 2014 to October 2015 unemployment among people under 25 years accounted for about 51% -48%, but by August 2016, this figure dropped to about 44%.
It is noteworthy that Spain from December 2015 it has had General elections in Galicia and the Basque Country, but they did not help the solution of the political crisis in the country. The election has brought a convincing victory to any one party, politicians can’t reach agreement on government formation.
Earlier it became known that the amount of debt Spain has broken century-old record and reached 1,107 trillion euros — a record in 1909. In June, the national debt amounted to 100.9% of GDP. Thus, in June the national debt rose 18,549 billion euros — that is, 1.7 percent compared to may and by 4.7% in comparison with June 2015, when it stood at 1,057 trillion euros.
