ECB’s Linde: could take several decades to reduce Spanish public debt to 60% of GDP - RTRS

Bank of Spain Governor and the European Central Bank (ECB) policymaker Luis Maria Linde is out on the wires, via Reuters, saying that it could take several decades to reduce Spanish public debt to 60% of GDP.

He further added that further fiscal adjustments would be needed to reach Spanish deficit of 2.25% of GDP this year.