Far East mkt touting this around the last few hours…
Spain May Have Billions Euros of ‘Hidden’ Public Debt, FT Says
May 17 (Bloomberg) — Spain’s regional and local administrations have “hidden” debt, not included in the official accounts, amounting to about 26.4 billion euros ($37 billion), according to research by Freemarket Corporate Intelligence, a consulting firm, the Financial Times reported.
