Global Analysis from the European Perspective. Preparing for the world of tomorrow

Spain’s Public Administrations Owe Their Suppliers 83.35 Billion Euros; And Do Not Comply With The Late Payment Law

Spain’s public administrations owed their suppliers over 83.35 billion euros at the end of 2020, according to data from the Bank of Spain. The debt – which is equivalent to the transfers Spain expects to receive from the Next Generation EU – increased by 2 billion last year and has only grown (+40%) since 2016. Source The Corner

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